Revenue & Customs Brief 13/12 sets out HMRC’s view of the effect of the Court of Justice of the European Union’s decision in Banca Antoniana Popolare Veneta SpA -v- Ministero dell'Economia e delle Finanze and Agenzia delle Entrate [2012] STC 526.
VAT rules for single purpose face value vouchers will be changed with effect from 10 May, the government has announced, following a decision of the Court of Justice of the European Union.
Chris Walsh and Heather Compton discuss tax specific challenges for companies with e-commerce channels that are accessing and selling to buyers across the globe.
HMRC has updated the following guidance:
HMRC has invited comments by 30 June on draft secondary legislation to provide VAT relief on a supply of goods or services to a European Research Infrastructure Consortium (ERIC). A new Group 18 to VATA 1994 Sch 8 would enable a zero rated supply of goods or services to be made to an ERIC.
David Wilson sets out some key tax issues for advisers to consider this month.
HMRC has invited comments by 20 July on changes to bring VAT law on deemed supplies of road fuel used in private travel into line with EU rules, and invited claims to repayment of VAT overpaid as a result of a defect in the current legislation.
Gary Harley and Chris Downing report on findings from a recent survey which suggest that VAT/GST remains under-resourced in most businesses.
HMRC has extended by two weeks the consultation period for proposed changes to the VAT system, including what has become known as the ‘pasty tax’.
Michael Ashdown answers a query on VAT on hot food.