Three Court of Appeal judges will today rule whether the Bournemouth Symphony
Orchestra (BSO) can be classified as VAT exempt as a long running tax battle
with the HM Revenue & Customs reaches its climax.
Last year, the BSO lost its a challenge to a VAT ruling in the High Court
which said that because it has a paid executive – managing director Michael
Henson – on its board, it was not ‘essentially voluntary’ and thus could not be
treated as VAT exempt.
The BSO will have the support of the Longborough Festival Opera which was
victorious in a similar VAT battle with the taxman.
The LFO will appear full operatic costume to hear the result of the
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