What now following HMRC’s latest guidance? asks Amanda Brown (KPMG).
HMRC is consulting until 16 December 2015 on a draft Treasury order containing amendments to VAT legislation to preserve the effect of extra-statutory concession (ESC) 3.20, which prevents insolvency practitioners becoming liable for clawback of input tax on bad debts, where the supply took place
Motocross riding not subject ordinarily taught in schools
Supplies of pens by Bingo halls
Protected building: barn conversion
Lee Squires and Fiona Bantock (Hogan Lovells) look at recent developments, including: the decisions in Riskstop Consulting and Hedqvist; VAT on pension fund management costs; and the EC consultation on cross-border e-commerce.
HMRC has published Revenue and Customs Brief 18/2015: Update on VAT grouping and the Skandia judgment. This follows on from from Brief 2/2015, which first outlined the UK VAT changes resulting from the Skandia case.
The CIOT has set EU tax officials six objectives to ensure that more UK small and medium sized enterprises (SMEs) consider Europe to be their home market or at least carry greater pan-European ambitions, following the publication of the European Commission’s Internal Market Strategy (
The right to deduct and ‘non-existent traders’