Single or multiple supply?
The Finance Act 2017, Part 2 (Appointed Day) Regulations, SI 2018/32, bring into force from 13 January 2018 the powers for HMRC and HM Treasury to make further regulations setting out detail on specific areas of the soft drinks industry levy. The levy itself will take effect from April 2018.
The VAT (Refund of Tax to the Essex Police, Fire and Crime Commissioner Fire and Rescue Authority) Order, SI 2018/16, specifies the Essex Police, Fire and Crime Commissioner Fire and Rescue Authority as a government body entitled to recover input tax under VATA 1994 s 33 on non-business supplies
The European Commission has decided not to propose revision of the structure and rates of excise duty applied to manufactured tobacco products until after its next report on the tobacco products directive (2011/64/EU), due in 2019.
Lee Squires and Fiona Bantock (Hogan Lovells) review the latest VAT developments that matter.
Graham Elliott (City & Cambridge Consultancy) considers a recent tribunal decision on whether redundancy payments were consideration for a supply of goods or services.
The government has laid two sets of regulations setting out the hallmarks and information requirements on promoters for the new disclosure of avoidance schemes regime for VAT and other indirect taxes, coming into force on 1 January 2018.