Experts have sounded a note of caution on the Bond House judgment, out this
The ECJ ruled in the companies’ favour in the case, which concerned carousel
fraud chains and an attempt by the government to prevent the recovery of VAT to
unwitting businesses involved in the chains.
Tax advisers at Chiltern say one element of the judgment, which specifies
that companies can reclaim if they are victims ‘without that taxable person
knowing or having any means of knowing’ they were involved in a fraudulent
Advisers are waiting for a full judgment, expected later, to gauge the extent
to which the ECJ may have limited claims, perhaps by requiring businesses to
know where the goods they have bought have come from.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states