There has been no change of policy but there has been some confusion over the practical application of the landfill tax rules since new guidance was issued on 18 May, an HMRC spokesman told Tax Journal this afternoon.
Mark Hampson examines the impact of the proposals for the introduction of the ‘missing’ VAT exemption.
Shares in Greggs, the baker, were reported to have ‘bounced back’ this morning after the government announced that it had reconsidered its proposals to apply VAT to all hot takeaway food.
Howard Sharkett and Deborah Atkinson consider that there is a hardening in the Tribunal's approach to out of time appeals.
HMRC has updated:
Notice CCL1: A general guide to Climate Change Levy
EU ministers meeting in Brussels last week welcomed the European Commission’s paper on the future of VAT – Towards a simpler, more robust and efficient VAT system ta
Revenue & Customs Brief 15/12 provides additional guidance on the evidence needed to support application of the lower rate of landfill tax to certain wastes, and seeks to clarify the landfill tax treatment of material, o
Practitioners' perspectives from Jim Burberry, David Southern, Graham Elliott, Alan Sinyor, Lorraine Parkin, Paul Cochrane, Lee Squires, Conor Brindley and Alex Millar.
Lee Squires and Fiona Bantock identify the recent developments in VAT that matter.
An updated Notice 727: Retail Schemes is available. HMRC has also updated the Chinese, Japanese, Arabic and Spanish versions of its Notice 704/1: Tax free shopping in the UK. The foreign language versions have the title VAT refunds for travellers departing from the EC.