News
page [ 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 ] - 84 articles selected
First Tier Tax Tribunal Decisions UKFTT 353 to UKFTT 390
AC Tours v Revenue & Customs [2010] UKFTT 363 (TC)
Place of Supply - provision of information by a partnership providing information to non-UK tour firms about the tours and accommodation provided to those customers - single or multiple supplies - appeal dismissed. ...read more
First Tier Tax Tribunals UKFTT 352 to UKFTT 361
Opal Carleton Ltd v Revenue & Customs [2010] UKFTT 353 (TC)
Reduced rate - student accommodation - whether residential accommodation for students liable to VAT at standard rate or changed number of dwelling conversion liable to VAT at reduced rate – VATA 1994 Sch 7A – over-arching development – student accommodation VAT at standard Rate - appeal dismissed. ...read more
Revenue & Customs Brief on reverse charge on emissions allowances
HMRC has published Revenue & Customs Brief 35/10 on the proposed reverse charge for businesses trading in emissions allowances. This was announced in the Spring Budget and is intended to replace the zero-rating introduced to stop an escalation in MTIC fraud in this commodity. ...read more
Longer processing times for Agent Authorisation forms
HMRC have announced on its website that until 31 October 2010 processing of form 64-8 will take longer that is currently does. HMRC provides a table that suggests for VAT issues it will take up to SIX weeks from posting the form to receiving the confirmation that it has been processed. All agents dealing with VAT issues would be well advised to submit forms before their clients seek their help with a VAT issue. For HMRC to even consider a six week lead time seems to be indicating that there is a serious problem brewing in the department. ...read more
First Tier Tax Tribunal Decisions UKFTT 336 to UKFTT 351
Masterlease Ltd v Revenue & Customs [2010] UKFTT 339 (TC)
Repayment claim – VAT on HP contracts – repossession – whether output tax which was not due in VATA 1994 s80(1)(a) – took account of output tax not declared on sale of repossessed cars – yes ...read more
Recent decisions and opinions from the ECJ
Astra Zeneca UK (Taxation) [2010] EUECJ C-40/09
Sixth VAT Directive – Article 2(1) – concept of the supply of services effected for consideration – retail vouchers provided by an undertaking to its employees as part of their remuneration. ...read more
Final stage of compulsory online VAT Returns starts in 2012
HMRC have confirmed that businesses with turnovers of less than £100,000 that were VAT registered before 1 April 2010 will have to do their VAT returns online from 2012. ...link
First Tier Tax Tribunal Decisions UKFTT 274 to UKFTT 335
Pharmaquim Ltd v Revenue & Customs [2010] UKFTT 279 (TC)
Input tax – denial of right to deduct on grounds of alleged knowledge or means of fraud by others – alleged MTIC trading – whether fraud established – yes – whether appellant knew or should have known of fraud – yes – appeal dismissed. ...read more
page [ 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 ] - 84 articles selected