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In brief: MOSS; RTI letters; fuel duty; AML; child trust funds; construction VAT

19 August 2014
Issue: 4465 / Categories: News , VAT

MOSS

HMRC have launched a technical consultation on the amendments to the VAT regulations arising as a consequence of the introduction of the mini one-stop shop (MOSS), which will allow businesses to register in one EU member state.

RTI 201 letters

A batch of RTI 201 letters containing incorrect information about overpayments has been sent to employers and agents in error. Employer or agent who receiving such a letter in August should ignore it. The Revenue reminds employers they can check their tax position on the business tax dashboard.

MOSS

HMRC have launched a technical consultation on the amendments to the VAT regulations arising as a consequence of the introduction of the mini one-stop shop (MOSS), which will allow businesses to register in one EU member state.

RTI 201 letters

A batch of RTI 201 letters containing incorrect information about overpayments has been sent to employers and agents in error. Employer or agent who receiving such a letter in August should ignore it. The Revenue reminds employers they can check their tax position on the business tax dashboard.

Fuel duty

Revenue & Customs Brief 30/14 has been published. It provides information about changes made to the charging and collection of excise duty on the fuel used in private pleasure craft and for private pleasure-flying.

AML guidance

HM Treasury has approved HMRC’s updated anti-money laundering (AML) guidance. It gives clear standards to enable businesses to meet their obligations under the Money Laundering Regulations 2007.

Child trust funds

HMRC’s CTF Bulletin 76 provides information on the charge cap for stakeholder accounts. It confirms that providers will not have to reduce the 1.5% cap on stakeholder CTF charges to 1% after ten years as they will with other stakeholder products.

Construction VAT

VAT Notice 708 Buildings and Construction (August 2014) has been revised. It cancels the April 2014 version. The details of the changes are in paragraph 1.2.

Issue: 4465 / Categories: News , VAT
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