NEWS

HMRC has confirmed that payroll services provided by a charity to enable disabled people to employ a personal assistant to help them live independently in their own homes are standard rated for VAT purposes. Revenue Customs Brief 16/2020 sets...

Skydiving in a vertical wind tunnel does not fall within the temporary VAT reduced rate, but supplies of hot takeaway food for delivery to customers do qualify, HMRC has confirmed in a response to two specific queries raised by the ATT....

HMRC has published new guidance Accounting for VAT on goods moving between Great Britain and Northern Ireland from 1 January 2021 to help UK VAT-registered businesses understand when they can, or whether they need to, account for VAT on goods moving...

HMRC has written to over 200,000 VAT-registered businesses in Great Britain that currently trade with the EU, advising them to take the necessary steps from 1 January to ensure they are able to continue to trade. All impacted businesses need to...

HMRC has published draft regulations for consultation. The draft Stamp Duty Land Tax (Administration) (Amendment) Regulations 2021 set out proposed changes to the SDLT return as a result of the non-resident SDLT surcharge which will apply from 1...

In line with its objective to simplify VAT in the single market, the European Commission is reviewing the VAT rules for financial and insurance services. The Commission's basis for this review is that the current rules on VAT treatment of financial...

The OECD has published stage 2 peer review monitoring reports for Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain under BEPS Action 14, noting positive changes across all eight jurisdictions....

The Office of Tax Simplification has produced a report looking at ways in which the administrative process for making claims and elections could be simplified across income tax, corporation tax, CGT and VAT. The OTS identifies three key areas where...

The CIOT has responded to the Welsh government consultation on tax devolution in Wales. Highlights include:legislation that imposes a compliance or financial burden on taxpayers should be set out in primary legislation in order to ensure that it...

HMRCs latest guidance includes:Agent Update 80 (Oct/Nov 2020): providing the usual roundup of recent developments, including: support for self-assessment taxpayers via the online time to pay service, the effect of furlough on claims for...