E-day comes early for the publishing industry
E-day comes early for the publishing industry It was to be the 1st December 2020 but it has been brought forward to today, 1st May 2020 because of the increase…
Covid 19: Emergency VAT measures
As part of the Government’s range of emergency measures to mitigate the impact of Covid-19, financial assistance for business includes being able to defer or postpone some VAT payments. For…
e-publications – the past, the future
With the current events we all face a lot of what was announced in the Budget has since been delayed or superceded by emergency measures. At this point in time,…
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…
