When is advertising not advertising?
The answer is when it's charity advertising, at least in the opinion of HMRC. Most people would regard promotions on social media and the like as "advertising". This is how…
Deal or No Deal. VAT is still changing.
Deal or No Deal. VAT is still changing Until 29th March 2019 the UK is part of the EU and bound by its rules. Even after the 29th March many…
Treasury Committee Inquiry into VAT
The Treasury Committee is currently holding an inquiry into VAT. The remit of this inquiry is focusing on three key issues: The tax gap (VAT which is due but not…
VAT, why printers are missing a trick
What does VAT mean to you? Very Awkward Tax? Vaguely Ambiguous Tax? There is a tendency for print suppliers to follow the path of least resistance when dealing with how…
Does the Paragon VAT tribunal change the rules for direct mail?
A recent First Tier Tribunal case which HMRC lost has created a lot of chatter in the industry. The tendency in these situations is for commentators to cherry-pick the snippets…
Register to avoid penalties
Fulfilment House Due Diligence Scheme The term “fulfilment house” may receive some publicity over the coming year. This is because certain fulfilment houses must start registering with HMRC. These are…
Agency Agreements – suppliers beware!
In 2015 HMRC provided guidance for businesses who had incorrectly accounted for VAT on supplies of printed matter and postage. These terms were published by HMRC in Revenue and Customs…
Update to Notice 701/10
HMRC have published a new version of VAT Notice 701/10: zero-rating of books and other printed matter. If you are unsure about the significance of the changes in the new…
Charity Update
HMRC have published a new version of VAT Notice 701/58: charity advertising and goods connected with collecting donations. If you are unsure about the significance of the changes in the…
What does Brexit mean for VAT?
Every member of the European Union (‘EU’) has VAT. It is a condition of membership. After leaving the EU the UK is not bound to have VAT. It could abolish…