Some 150 companies seeking damages claims against the government over its
carousel fraud crackdown look likely to see their cases launched as a joint
The High Court yesterday gave a preliminary ruling to DLA Piper Rudnick, the
law firm, in favour of allowing a group action. The companies were denied VAT
reclaims since they were the unwitting victims of carousel frauds, and the
government had targeted them as the end of the chains concerned as having been
involved in ‘non-economic activity’.
The European Court of justice had rejected that argument in the Bond House
case, but the ruling came too late for some, who have stopped trading.
The 150 cases are now likely to be joined in an action that could cost the
government hundreds of millions of pounds, according to The Guardian.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...