HMRC has updated the following guidance:
HMRC has invited comments by 30 June on draft secondary legislation to provide VAT relief on a supply of goods or services to a European Research Infrastructure Consortium (ERIC). A new Group 18 to VATA 1994 Sch 8 would enable a zero rated supply of goods or services to be made to an ERIC.
David Wilson sets out some key tax issues for advisers to consider this month.
HMRC has invited comments by 20 July on changes to bring VAT law on deemed supplies of road fuel used in private travel into line with EU rules, and invited claims to repayment of VAT overpaid as a result of a defect in the current legislation.
Gary Harley and Chris Downing report on findings from a recent survey which suggest that VAT/GST remains under-resourced in most businesses.
HMRC has extended by two weeks the consultation period for proposed changes to the VAT system, including what has become known as the ‘pasty tax’.
Michael Ashdown answers a query on VAT on hot food.
Lee Squires and Fiona Bantock identify this month's VAT developments that matter.
HMRC has updated its Notice 700, The VAT Guide. This is the main reference guide to VAT, including the main rules and procedures, help with problems faced by business and references to specialist publications.
Tarlochan Lall reviews the recent Tribunal decision in Shop Direct and considers when VAT repayments are trading receipts.