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INDIRECT TAXES


Alan Powell reviews the top five tax developments in 2011 affecting excise duties

Mark Schofield and Jayne Harrold review the top five tax developments in 2011 affecting environmental taxes

Updates to the following VAT Notices have been announced:

  • 701/12: Disposal of antiques, works of art etc from historic houses
  • 701/15: Animals and animal food

Revenue & Customs Brief 39/11 discusses the implications of the ECJ decision in HMRC v The Rank Group plc, confirming the findings of the UK courts on interpretation of the principle of fiscal neutrality.

HM Treasury published draft clauses for Finance Bill 2012 on 6 December 2011. The draft legislation is open for consultation until 10 February 2012. See page 4 onwards. ...

Greg Sinfield and Lee Squires provide this month's briefing on the VAT developments that matter, including the Christel Schriever case regarding TOGCs and the Rank decision regarding fiscal neutrality.

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