Legal fees on disposal of subsidiary
Late notification of an option to tax
Prior payment of the tax is required for VAT appeals (barring hardship). Etienne Wong (Old Square Tax Chambers) examines Totel, the case on whether this is lawful.
HMRC has published further signatories to the new cooperation agreement under which online marketplaces will exchange certain information about their sellers in the interests of promoting VAT compliance.
The EU Parliament’s economic and monetary affairs (ECON) committee has put forward amendments to the Commission’s proposal for simplification of VAT for SMEs in the EU, which forms part of the wider set of reforms moving towards creation of a single EU VAT area.
Supply of food or catering?
Alan Sinyor (Bryan Cave Leighton Paisner) reviews the draft rules.