Group pension funds and the exemption for insurance services
The key findings and recommendations in the OTS report on the UK’s VAT system, together with the chancellor’s responses, by Nigel Mellor (The Office of Tax Simplification).
The CIOT has given a cautious welcome to the government’s acknowledgment in the Budget of how important postponed accounting for import VAT is in providing businesses with cash flow help when importing goods from the EU.
Halifax and national tax systems
Defining first occupation
Following consultation between February and April this year, HMRC received broad support for moving to a single registration process for alcohol duties and confirmed its intention ‘to pursue harmonisation across all alcohol regimes’.
Following consultation between February and May 2017 on a group of new sanctions against evasion of tobacco duty and other excise duties, HMRC will carry out further work on a group of proposed sanctions for evasion of tobacco duty, with a view to confirming early next year how it intends to proc
The EU Parliament and Council have reached provisional agreement on revised EU ETS targets for the period from 2021 to 2030.
Single or multiple supply?