Since 1 April 2012, all businesses must file their VAT returns online.
HMRC has announced that it will not proceed with proposals first aired in 2012 to extend the VAT education exemption to commercial providers of higher education and further education.
The recent decision in Littlewoods Retail confronts the problem of when compound interest is payable on overpaid VAT, while recognising the exceptional nature of that case, writes Michael Conlon QC
The OECD reports that the governments of 86 countries have endorsed the first internationally agreed framework for applying national rules on VAT (or goods and services tax, GST) to cross-border transactions, a move which the OECD hails as ‘a key step towards preventing value added tax from weig
Adult entertainment club supplied more than land to its dancers
Bad debt relief claim fails
Kevin Hall provides a ‘back to basics’ guide to the flat rate scheme, the cash accounting scheme and the annual accounting scheme
VAT Information Sheet 3/2014 explains changes introduced with effect from 1 April 2014, following consultation, to allow manufacturers – including importers who start the supply chain in the UK – to adjust their VAT accounts where they provide certain refunds directly to final consumers
Partially exempt business: residual input tax