Law and regulation

Tax / VAT updates: December 2020

In this month’s round up of VAT cases, Graham Elliott considers genuine suppliers, MOSS submission failures, local authority sport centre supplies and charity building relief

Tax / US reworks ‘gig economy’ payments

US tech companies such as Uber are to pilot a scheme to offer to pay some of their gig workers part of their wages in equity, rather than cash, in a move which the Securities and Exchange Commission (SEC) said mirrored changes in the modern workplace

Tax / Q&A: Furnished Holiday Let tax benefits

In our regular Q&A series, Croner Taxwise, tax adviser, Patrick O'Brian covers the specific conditions that need to be met for a Furnished Holiday Let (FHL) to qualify for tax benefits

Tax / Compensation payments hit by retrospective VAT change

Following court rulings in the UK and Europe, payments made for the early termination of contracts are now liable to VAT, but HMRC is now looking back over past transactions, warns Irwin Mitchell’s Sarah Cardew

Tax / HMRC changes VAT policy for private baby scans

HMRC has published a brief on changes to the VAT treatment of ultrasound scanning services for pregnant women following the decision of a First Tier Tribunal (FTT)

Tax / Property developer ‘plays a blinder’ on VAT claim

HMRC looks set to change its guidance after a property developer won a case at a First Tier tribunal (FTT) challenging the VAT rating for window blinds installed in new homes

Tax / New powers to access taxpayer financial information ‘burden’

Draft legislation will give HMRC powers to request information from financial institutions without approval of the First Tier Tribunal, but could prove expensive to comply with, warns Collyer Bristow’s William Hancock

Tax / HMRC slips up in skating rink VAT appeal

A tribunal has ruled that children’s ice skates can be hired without VAT, even when included in a skating session package. RSM’s Sarah Halsted reviews the judges’ score

Tax / Victory for Vodafone in Indian tax dispute

Vodafone has won a long-running tax case in India over some £2.4bn of tax imposed by the authorities there following the telecom giant’s acquisition of a local operator over a decade ago

Tax / £15bn NHS VAT refund scheme shake up

A new £15bn VAT refund scheme for NHS and central government could simplify recovery for the public sector, but there could be hidden impacts for contractors, say RSM’s Carolyn Brown and Scott Harwood

Tax / Q&A: main residence capital gains tax

In our regular Q&A series from Croner Taxwise, trainee tax adviser, Alexander McCarthy explains whether a taxpayer can claim their old marital home is still their main residence for capital gains tax (CGT) purposes when it is sold

Tax / Case: accountant’s failures ‘not a reasonable excuse’

A taxpayer who argued it was his accountant’s fault he incurred late filing penalties has lost his appeal at a tribunal, which said it was his responsibility to check the necessary paperwork had been submitted by the deadline

Tax / Case: Upper Tribunal confirms £1m VAT bill for essay-writing provider

RSM’s Scott Harwood reviews a £1m VAT case that centred on whether the company was the provider of a service or merely acted as an agent for other service providers

Tax / Taxpayer wins appeal over high income child benefit charge ignorance

A taxpayer has won an appeal against penalties imposed for his failure to notify his liability for the high income child benefit charge (HICBC), on the grounds that ignorance of the law was a reasonable excuse and he was not required to ‘rummage’ through all of HMRC’s information sources

Tax / Tax avoidance: focus on prosecution, not law change

As prosecutions of aggressive tax scheme promoters remain conspicuously low, a dramatic shift in law to alter the need for proof of dishonesty is still not viable, says Kingsley Napley’s David Sleight
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