A new digital VAT registration tool has been launched by HMRC that can be used to help businesses work out the effects of registering for VAT. The launch of the tool known as the VAT Registration ...
HM Revenue and Customs (HMRC) has released new guidance on how to check if a phone call you've received from them is genuine. It comes after the government department confirmed that some people will ...
Amidst the turmoil of COVID-19, HMRC has suddenly reversed its position on early termination fees, announcing such fees are now subject to VAT. In addition, it is taking the controversial position ...
We’ll send you a myFT Daily Digest email rounding up the latest UK tax news every morning. The UK tax authority has drastically scaled back inquiries into online sellers using platforms such as Amazon ...
HMRC is reportedly setting its sights on the construction industry in a VAT crackdown. It's been claimed that HMRC is "pursuing" compliant businesses for sums owed by others, amid an ongoing dispute ...
Simply sign up to the UK tax myFT Digest -- delivered directly to your inbox. The UK tax authority increased its scrutiny of value added tax avoidance in 2022-23, opening 23 per cent more cases than ...
The payment of VAT and duties can be a significant cash flow burden on businesses and HMRC has recognised this in the number of easements introduced in response to the COVID-19 crisis. The Chancellor ...
Publishers and retailers could owe HMRC millions of pounds of uncollected VAT following the adult colouring book craze of last year. The Bookseller understands several publishers – from large ...
HMRC collected an extra £3.4bn from SMEs in VAT underpayment in 2016-2017 as part of a crackdown on tax evasion, according to PfP, tax investigation insurance experts. VAT revenue made up 49% of the ...
HMRC is reportedly targeting the construction industry in a VAT crackdown. HMRC is "pursuing" compliant businesses for sums owed by others, it has been claimed, under a long-running wrangle between ...