Industry updates
Is VAT the answer to getting more electric cars on the road?
Is VAT the answer to getting more electric cars on the road? According to the Society of Motor Manufacturers and Traders (SMMT), new UK car registrations rose by 15 per cent in February as 58,994…
What roles does VAT play in becoming more eco-conscious?
What roles does VAT play in becoming more eco-conscious? It would be easy to assume that taxation is just a…
The DIY Housebuilders Scheme
The DIY Housebuilders Scheme Following a recent win by the taxpayers at the Tax Tribunal, HMRC are having to reconsider their approach to claims under…
Appeal over £2.5 million VAT bill on insulated roofing panels dismissed
Appeal over £2.5 million VAT bill on insulated roofing panels dismissed The Upper Tax Tribunal (UTT) has dismissed an appeal against a £2.5 million VAT bill on insulated roofing panels after finding that the appellant…
Shoppers warned about post-Brexit hidden VAT charges
Shoppers warned about post-Brexit hidden VAT charges In the busy shopping period in the run-up to Christmas, HM Revenue & Customs (HMRC) has issued a warning to consumers to be aware of unexpected charges as…
Zero rating for new build dwellings
Zero rating for new build dwellings Building works to construct a new dwelling are VAT zero rated but there are strict conditions to be met for this beneficial zero rate…
Hospitality sector faces rise in VAT as the economy reopens
Hospitality sector faces rise in VAT as the economy reopens At the end of September, tourism and hospitality businesses that have enjoyed a reduced rate of VAT will see the…
Community Amateur Sports Clubs are not charities for VAT purposes
Community Amateur Sports Clubs are not charities for VAT purposes Eynsham Cricket Club appealed against a decision of the UK First and Upper Tribunals that it could not benefit from…
Coronavirus – Opting into the VAT Deferral New Payment Scheme
Coronavirus – Opting into the VAT Deferral New Payment Scheme Any business that deferred VAT payments due between 20 March and 30 June 2020, as a result of the Coronavirus pandemic, must now consider how…