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…
VAT Single Sourcing…(again)
It was hoped that the updates to VAT Notices 700/24 and 701/10 would bring some much needed clarity to the direct marketing industry and allow everyone to move forward on…
Budget 2016 – Isle of Man charities
The government will legislate to ensure charities subject to the jurisdiction of the High Court of the Isle of Man are capable of qualifying for UK VAT charity reliefs. (Finance…
Vaguely Ambiguous Tax
Whilst the industry is in the process of aligning itself with HMRC’s published policy in Revenue & Customs Brief 10 2015, (note today’s deadline!), there is another bump in the…
Time is running out
You only have until 30th November 2015 to inform HMRC in writing if you wish to take advantage of the transitional or settlement arrangements as detailed in Revenue & Customs…
Doctor, I have a VAT problem
HMRC finally published new guidance for the direct marketing industry in the updated versions of Notices 700/24 and 701/10 on 9th June. Following on from this, industry representatives such as…
Some light relief
HMRC have recently published new guidance. It covers situations where certain types of charity may reclaim VAT. For most charities nothing has changed. They may not reclaim VAT on costs…
April Fool?
Picture the scene. Your client has asked you to deliver a project by April 1st 2015. They provide you with written confirmation and advise that a full brief will be…