Revenue & Customs Brief 22/11 clarifies guidance on the acquisition of electricity from a combined heat and power station and the availability of an exemption from climate change levy for ‘qualifying power output’.
As the EU Commission’s review of the Tour Operators Margin Scheme stalls, Damon Wright explores the problems that the current rules present for UK travel businesses
Julie Park and Karen Mulcahy review the practical and commercial considerations arising from the continued debate over mixed and single supplies
HMRC announced that they are discussing with ‘interested parties’ an initiative to ‘crack down on VAT rule breakers’. The campaign, to be launched later in the summer, will focus on individuals and businesses who are trading above the VAT threshold but have not yet registered for VAT.
Helen Lethaby provides your monthly review
Eloise Walker sets out a case study on the key VAT issues
HM Treasury is seeking views on the introduction in Finance Bill 2012 of a machine games duty to be charged on the net takings from the playing of machine games.