VAT

Peita Manon and Prabhu Narasimhan consider the availability of the UK’s TOGC treatment to ‘immediately consecutive transfers’ of business.

HMRC has updated Notice 48 (Extra statutory concessions relating to VAT and other indirect taxes); and Notices 704/1 (Tax free shopping in the UK), 701/21A (investment gold coins) and 701/32 (Burial, cremation and the commemoration of the dead).

HMRC has updated its ‘starter pack’ for people who intend to bring goods into the UK from outside the EU or send goods from the UK out of the EU. The 69-page Guide to Importing and Exporting: Breaking down the Barriers explains how importers and...

Greg Sinfield and Lee Squires consider the Advocate General's Opinion in Littlewoods and the treatment of supplies of phonecards in Lebara, plus the Court of Appeal guidance in AXA and the CJEU judgment in Banca Antoniana.

Whether interest should be compounded

The Advocate General’s opinion compounds uncertainty over interest, explain Nick Skerrett and Ben Cooper.

Richard Woolich considers that the European Commission is showing a real determination to make a significant change in VAT.