CVC VAT Focus 18 October 2018
HMRC NEWS HMRC are having difficulty dealing with DIY Housebuilder VAT refund claims and that some claims are being approved and paid up to four months later than the usual 30 days. If you are a housebuilder or are...
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Morgan Stanley: Recovery of input tax by branches
The Advocate General (AG) has handed down his opinion in the Morgan Stanley CJEU case, which considers VAT recovery rules for costs incurred by overseas branches. This opinion adds another dimension to Brexit planning, which can involve creating new...
The Brexit Gamble
A VAT Brexit gamble that you might like to consider? This blog considers the right to reclaim VAT on costs associated with operating businesses in the financial service and insurance sector. If your business is not involved in these...
CVC VAT Focus 27 September 2018
HMRC NEWS Trading Goods Regulated Under the “New Approach” if There Is No Brexit How trading in harmonised goods regulated under the New Approach would be affected if the UK leaves the EU with no deal. Software Suppliers Supporting...
CVC VAT Focus 13 September 2018
HMRC NEWS HMRC and online marketplaces agreement to promote VAT compliance The list of signatories has been updated with a new addition. Claim a VAT refund as an organisation not registered for VAT Use this online service (VAT126) to...
CVC VAT Focus 23 August 2018
HMRC NEWS Local authorities and similar bodies Decide which activities are business or non-business for VAT purposes if you’re a local authority or other public body. Apply for the Fulfilment House Due Diligence Scheme (Notice FH1) Find out if...
CVC VAT Focus 9 August 2018
HMRC News VAT Notices HMRC has updated the following VAT Notices: Health professionals and pharmaceutical products (VAT Notice 701/57) Physiotherapist and podiatrist independent prescribers have been added to the list of relevant practitioners. Postage stamps and philatelic supplies (VAT...
CVC VAT Focus 26 July 2018
HMRC NEWS HMRC publishes more information on Making Tax Digital HMRC has published further information on Making Tax Digital to support businesses and agents in the run up to the start of the mandatory Making Tax Digital VAT service...
Making Tax Digital: VAT Notice 700/22
HMRC have today issued VAT Notice 700/22: Making Tax Digital which offers explanations to some of the questions surrounding the initiative. Making Tax Digital requires charities and businesses with a taxable turnover above the VAT registration threshold to keep...
CVC VAT Focus 12 July 2018
HMRC NEWS VAT grouping eligibility criteria changes This latest measure will allow certain non-corporate bodies to join VAT groups. For example a charitable trust which is VAT registered as a partnership may now be able to form a group...