Revenue & Customs Brief 51/10 outlines a change in the VAT treatment of business samples. Taxpayers are invited to make claims subject to the capping rules, and the change will be legislated in Finance Bill 2011.
The five key changes, as identified by Alan Powell
The Treasury launched on 9 December 2010 a consultation on draft legislation for Finance Bill 2011. The following brief outline of the measures is based on the Treasury’s overview and draft explanatory notes.
The Value Added Tax (Amendment) (No.
The Value Added Tax (Place of Supply of Goods) (Amendment) Order, SI 2010/2923, changes the description of the supply of gas and adds the supply of heat and cooling supplied through a network to the category of goods to which the place of supply rules apply.
Mark Agnew provides a critical analysis of the recent ECJ judgments in AXA and T-Mobile
Rupert Shiers looks at the compliance related provisions
Robert Fais examines how the European Court can unsettle the most established of VAT rules
Revenue & Customs Brief 49/10 announced a consultation to consider proposals to simplify the ‘change in use’ provisions in VATA 1994 Sch 10 Part 2 (Residential and charitable buildings: change of use).
A new section of the Spotlights page features schemes where taxpayers ‘have conceded and paid the tax they had tried to avoid,’ HMRC announced.