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.
The government is to amend the Landfill Tax Regulations 1996 to allow for a two-year transition period, from 1 April 2018 until 31 March 2020, during which environmental bodies can continue to use unspent contributions to the landfill communities fund (LCF) on projects located in Wales.
Lee Squires and Fiona Bantock (Hogan Lovells) report the latest VAT developments that matter.
Alex Baulf and Ksenia Skatchkova (Grant Thornton) examine the plans and how this might impact UK businesses.