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INDIRECT TAXES


The Finance (No. 3) Act 2010, Schedule 13 (Record Keeping, Time Limits and Information and Inspection Powers) (Appointed Day and Transitional Provision) Order, SI 2011/777, appoints 1 April 2011 as the day on which F(No.

Chris Colford provides HMRC’s perspective on the recent decisions in Weald Leasing and RBS Deutschland

Graham Elliott on the draft VAT legislation on business entertainment of overseas customers

The Insurance Premium Tax (Discounted Insurance Premiums: Higher Rate) Order, SI 2011/661, replaces extra-statutory concession ESC 4.5, ‘Insurance premium tax: Arrangements for discounted insurance'.
 

Andy Ilsley takes stock of the EU VAT package changes, one year on, and points out that although some practical issues have been clarified, some anomalies remain

HMRC have published revised VAT guidance:

Sarah Halsted provides the updated data

Jeremy Woolf on the European Commission’s VAT Green Paper

Peter Mantle on Danfoss and claims against the State

HMRC have invited comments by 28 March on draft legislation removing the restriction of the right to recover VAT incurred on the business entertainment of overseas customers.

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