M&S’s loss relief action may return to the European Court of Justice, the
FT has reported. The case has returned to the High Court last week.
Both sides were apparently adopting different interpretations of the ECJ
decision, raising the prospect of further clarification being required from
Mr Justice Park, hearing the case, said that it might be worth referring the
matter back to the ECJ immediately.
HMRC has also apparently rejected a settlement of the case, according to M
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
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Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory