The House of Lords has reluctantly admitted that the European Courts of
Justice will have to decide whether Mark & Spencer is entitled to a VAT
rebate on the sale of its chocolate-covered tea-cakes.
Five law lords in London ‘reluctantly’ stated on Friday that an earlier
decision by the ECJ had not clarified EU law sufficiently for them to decide
whether M&S was entitled to repayment of £3.5m charged on its teacakes for
more than a decade. The case has therefore been taken to the ECJ for a second
HM Customs & Excise had classified the M&S teacake as a chocolate
biscuit, forcing the firm to pay a ‘standard’ tax, rather than cakes which
should have been zero-rated. The courts will decide which is the correct
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...