Three party transactions: output tax issues
Party ‘A’ sells standard rated goods or services to ‘B’. ‘B’ makes a profit and sells to ‘C’. ‘B’ is registered for VAT ...
Party ‘A’ sells standard rated goods or services to ‘B’. ‘B’ makes a profit and sells to ‘C’. ‘B’ is registered for VAT ...
The highly respected Institute for Fiscal Studies recently released a document ‘Tax and public finances: the fundamental...
The Retained EU Law (Revocation and Reform) Act 2023 received Royal Assent on 29 June 2023.
Two cases recently heard in the First-tier Tribunal have given us an important reminder about VAT and record-keeping: if...
In February 2021, I wrote a Tax Adviser article, ‘EU withdrawal a half-hearted separation’ (see tiny
VAT and property is a nightmare topic for clients and advisers.
Our charity is not registered for VAT but the total income is close to the annual £85,000 threshold.
HMRC estimated that the number of businesses importing or exporting would rise from 250,000 prior to Brexit to 400,000 a...
One of the hot topics in taxation is what we should do to replace fuel duty.
For years, the VAT treatment of vouchers has asked searching questions of businesses, advisers and perhaps even tax auth...