Julie Park considers why we continue to struggle with the question of whether a business is acting as an agent or a principal
Financial services
Legislation requiring carry-forward of excess input tax
Mark Groom reviews HMRC’s recent guidance following the decision in AstraZeneca and identifies immediate action points
Proposals to update customs and excise legislation with a view to ‘simplifying the legislation, closing the tax gap, removing burdens on business and strengthening the UK’s borders’ are the subject of an HMRC consultation.
Greg Sinfield and Lee Squires review the latest VAT developments that matter
Roger Thomas looks at the Commissioners for Revenue and Customs’ tribulations implementing the VAT Directive
Revenue & Customs Brief 31/11 sets out changes to the excise duty treatment of certain fuel additive products.