VAT

The EU has approved the UK’s request to extend until December 2020 its VAT directive derogation allowing UK employers to use HMRC’s road fuel scale charges to account for VAT in respect of private use of company cars.

The scheme is now open for businesses to apply for grants to help fund training and IT improvements connected with completion of customs declarations, in preparation for the UK leaving the EU. This grant scheme is administered on behalf of HMRC by PricewaterhouseCoopers (PwC).

HMRC has published VAT Information Sheet 9/2018 containing guidance and examples on changes being made from 1 January 2019 to transpose the EU vouchers directive into UK law.

Legislation for the changes to VATA 1994 is contained in Finance Bill 2019 Sch 16.

From 1 August 2019, higher education providers in England who currently qualify for VAT exemption by virtue of being higher education corporations or designated institutions will need to be registered by the Office for Students in the ‘Approved (fee cap)’ category under the Higher Education and R

The Economic and Financial Affairs Council (ECOFIN) has agreed legislation for the four ‘quick-fixes’, aimed at introducing adjustments to the EU’s VAT rules in order to fix specific issues pending introduction of a definitive EU VAT system in 2022.

The ‘quick-fixes’ involve:

In J & B Hopkins v HMRC [2018] UKUT 382 (23 November 2018), the UT found that J&B could not recover VAT it had mistakenly not charged from HMRC. HMRC assessed J&B at the standard rate on supplies made by J&B to Rok Building Ltd, which had mistakenly...

Karen Killington and Reshma Soni (KPMG) examine the Upper Tribunal decision.

The government has laid two Treasury orders making changes to the rules for businesses making supplies of digital services to consumers across the EU from 1 January 2019.