Sectors that have been calling for cuts to VAT, saying that they would boost their industries, are likely to hear good news in Chancellor Philip’s Hammond’s Autumn Statement today but… Read more…
HM Revenue & Customs (HMRC) has warned that criminals are once again sending out bogus requests to business owners pretending to be the taxman and has recently updated the department’s… Read more…
HM Revenue & Customs (HMRC) is consulting on proposals to introduce a new penalty for businesses that participate in VAT fraud in a bid to address problems with the current… Read more…
The Airport Operators Association AOA) and the UK Travel Retail Forum (UKTRF) have launched a new Code of Practice (CoP) to ensure greater transparency on how air passengers benefit from… Read more…
According to the European Commission, HM Revenue & Customs (HMRC) missed out on £15.1bn in VAT that should have been collected in 2014, despite crackdowns on corporate tax dodgers and… Read more…
It has been suggested that a cut to VAT could help to offset the hit to consumers’ pockets from the recent 10% depreciation in Sterling and would almost certainly be a… Read more…
The Chartered Institute of Taxation (CIoT) has urged the Government to rethink its approach to ensuring that online sellers overseas pay the correct amount of VAT, by making them appoint… Read more…
The Independent newspaper’s campaign to stop airside retailers pocketing the VAT due to airline passengers may finally be paying off, as WH Smith has promised to return some of the… Read more…
