Richard Asquith considers HMRC’s rethink on the taxation of bitcoins
HMRC has advised traders that it is looking at alternatives to 20% VAT on purchases of Bitcoin, which is regarded as a voucher rather than a currency, the Financial Times reported.
VAT: time-limit for repayment claim
VAT: reasonable excuse for late payment
VAT: validity of default surcharge when HMRC is holding monies paid by mistake
Nick Skerrett examines the impact of the Leeds City Council case
Kevin Hall answers a query on VAT and nursing homes
Face value vouchers
Lee Squires and Fiona Bantock review recent VAT developments, including decisions in ATP PensionService, Dixons Retail and Leeds City Council, and draft VAT measures to be included in the 2014 Finance Bill.
Graham Elliott reflects on HMRC’s consultation on electronic filing of VAT returns