The Court has ruled that mistakenly paid VAT of £1.7m by the Mayor’s Office for Policing and Crime could not be repaid by HMRC as the police department would be ‘unjustly enriched’
The court has ruled that flapjacks cannot be classed as cakes which means they are subject to standard rate VAT and due to this the company is not entitled to credit on input tax
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates for PAYE cheque payments, VAT quarterly instalments, and Making Tax Digital (MTD)
In this week’s Q&A, Croner Taxwise senior VAT consultant Vivienne Scott, explains how turnover is calculated for VAT registration when a business has been registered before
Businesses have less than a week to prepare for Making Tax Digital (MTD) for VAT becoming mandatory for VAT-registered businesses on 1 April, warns HMRC
Court upholds VAT assessments, penalties, and income tax amendments totalling £234,516.22 ruling that the shopkeepers had deliberately filed incorrect returns to reduce their tax liability
The revenue raised from VAT has hit its fifth highest consecutive month collecting over £50bn more than the previous year while the take for April 2021 to February 2022 was £61.3bn higher
In this week’s Q&A, David Smith, VAT adviser at Croner Taxwise, explains the new digital reporting requirements for all VAT registered businesses from April under Making Tax Digital rules
As the extension to Making Tax Digital (MTD) for VAT comes into force on 1 April, Russell Gammon, chief solutions officer at Tax Systems, explains the implications for subsidiaries
Since the beginning of 2022, the Treasury has collected nearly £4m extra a day in fuel VAT due to the increasing price of petrol which totals an extra £270m so far this year
