HMRC is seeking views until 5 February 2016, in the form of an online survey, on proposals to reduce the frequency of indirect tax receipts statistics publications, and the possible impact of this move. See www.bit.ly/1PbWzlF.
HMRC published its preliminary estimate of the UK’s 2014/15 VAT gap on Wednesday, showing its initial estimate of the VAT gap as 10.4% (£13.0bn), down from 11.1% (£13.1bn) in 2013/14.
The CIOT has backed the idea of a single climate tax on businesses, as long as it comes after an environmental tax framework similar to the business tax road map.
The Wholesaling of Controlled Liquor (Amendment) Regulations, SI 2015/1921, specify the circumstances in which penalties may arise under the Alcohol Wholesaler Registration Scheme with effect from 1 January 2016.
Input tax recovery and non-business activities
Was a tax on thermal power a tax on electricity?
HMRC is consulting until 31 October 2015 on the length and detail of transitional arrangements for withdrawal of the climate change levy renewables exemption for electricity supplied to businesses and the public sector.
Tax Journal's coverage of the Summer Finance Bill.
The Aggregates Levy (Registration and Miscellaneous Provisions) (Amendment) Regulations, SI 2015/1487 will, with effect from 1 August 2015, remove the requirement for businesses to register for the aggregates levy where they no longer have a liability following restoration of certain exemptions s