The UK’s policy of allowing certain outsourced services to be provided to insurers without VAT is now left uncertain following the European Commission’s decision to abandon its ongoing review of the VAT treatment of financial services in the EU.
Richard Asquith (VP Global Tax, Avalara) reports on the European Commission's change of heart on reduced VAT rates.
In which ‘Little Red Riding Hood’ defeats the Lithuanian VAT Wolf, writes Graham Elliott.
The European Commission’s VAT Committee has updated its guidelines in response to questions raised by delegations from the UK and Belgium concerning arrangements which seek to avoid the VAT regime for the distance selling of goods, such as the practice by some online retailers
The European Commission is consulting until 18 December 2015 on ways to simplify the payment of VAT on cross-border e-commerce transactions in the EU, focusing particularly on small businesses using the mini one-stop shop (MOSS).
Risk management surveys and the insurance exemption
Are municipal entities taxable persons?
Shops employing more than 250 people in England have had to charge for single-use carrier bags at a minimum of 5p per bag from Monday 5 October, but accountants have warned there are VAT and direct tax consequences these businesses must consider.
HMRC has appealed to the Upper Tribunal against the First-tier Tribunal’s decision in Associated Newspapers v HMRC [2015] UKFTT 409 that Associated Newspapers could reclaim input VAT on vouchers given away in its sales promotion schemes and is scheduled to be heard on 5–7 October 2015. F