Revenue & Customs Brief 33/10 discusses changes to the exclusion of the ‘option to tax’ on supplies of buildings to be used solely for a relevant residential or relevant charitable purpose (VATA 1994 Sch 10 paras 5-7).
HMRC guidance on how to correct VAT errors and make adjustments or claims has been rewritten and published as Notice 700/45 (July 2010).
Revenue & Customs Brief 31/10 sets out HMRC’s position following the Court of Appeal judgment in InsuranceWide.com Services Ltd v Revenue and Customs Comrs; Revenue and Customs Comrs v Trader Media Group Ltd [2010] STC 1572.
HMRC re-published Revenue & Customs Brief 39/09 as Brief 32/10 to flag a change in the department’s interpretation of the rules applying the VAT zero rate to new buildings used for a relevant charitable purpose, along with the withdrawal of concession 3.29, the ‘switching areas’ concession an
Radical reforms to the PAYE system, saving employers an estimated £500 million, are among proposals set out in nine tax policy documents released ‘for discussion and consultation’ as Parliament rose for the summer recess.
Chris Walsh takes a look at how globalisation is affecting indirect tax management
Ian Hyde and Jon Robinson consider the sectors that will be most affected by the increase in the standard rate of VAT, and other implications
Nicholas Gardner, Senior Associate and Chartered Tax Adviser, Ashurst, comments
What principles have emerged from recent case law? This question and many others are debated by leading VAT experts including senior members of the Institute of Indirect Taxation
Lorraine Parkin provides an insight into the new penalty regime