HMRC’s policy on reclaiming VAT on investment management and other costs remains under review in the light of two recent decisions from the Court of Justice of the European Union. The first of these ...

This On The Subject explains how the Mini One Stop Shop (MOSS) system for VAT works and what affected businesses need to do to prepare for Brexit-related changes after the transition period ends. In ...

The VAT flat rate scheme was introduced by the UK government to make it easier for small businesses to arrange their VAT payments. The scheme means that the VAT a business owes to HMRC is calculated ...

Small and medium-sized enterprises (SMEs) make up an impressive 99% of all businesses in the European Union (EU), playing a vital role in fostering economic growth and job creation. However, despite ...

The previous article looked at the Gift Aid implications of ‘donor incentive schemes’ or ‘charity supporter schemes’. This article covers the VAT position of such schemes. Supporters in these schemes ...

Commission to fight VAT fraud schemes The European Commission adopted on Tuesday (18 August) proposals to combat the ever-expanding value-added tax (VAT) fraud schemes by accessing taxpayers databases ...

Fresh guidance from HM Revenue & Customs on VAT charges for scheme management services may have passed people by during the holiday slowdown. VAT on services provided to pension schemes across the ...

The planned repayment of value-added tax (VAT) to government welfare smartcard holders is expected to take shape by the end of this year, a move meant to improve their purchasing power. The Finance ...

With some hard work and careful planning, schemes could recoup sizeable rebates as a result of pension tax changes. Fresh guidance from HM Revenue & Customs on VAT charges for scheme management ...