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Mr and Mrs Baldwin t/a Ventnor Towers Hotel (TC3615/TC3755)

Can HMRC challenge VAT rebate claims from members’ golf clubs?

What are the VAT implications on sales to fraudulent credit card users?

Idess Ltd (TC3638)

The taxation of a builder’s gratuitous payments from satisfied customers

A view of the tenth and last Finance Bill debate sitting

HMRC reveal two-part post-Bridport approach

Roald Dahl Museum and Story Centre (TC3445)

Evidence required to confirm VAT need not be charged on a property sale

HMRC have published a report on the impact of the VAT option to tax, the measure introduced in 1989 to alleviate the burden on UK businesses.

A supplier of land can opt to tax to recover the VAT incurred as input tax. The system removes the VAT cost for developers and investors, but they must charge output tax on onward sales and leases.

HMRC have published the consultation VAT: Prompt Payment Discounts to review invoicing and accounting arrangements when prompt payment discounts are taken up in relation to supplies made on or after 1 April 2015.

There will be a change from that date in the way many businesses account for VAT when offering prompt payment discounts will change.

Hurndalls (TC3533)

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