VAT on goods sold on passenger ferries sailing outside territorial waters of European member states should be charged at the UK rate, according to a High Court ruling. The case is a further blow for the Peninsular & Oriental Steam Navigation Company – whose #220m cruise ship Aurora (above) broke down last month after only a day in service – which has been already hit by the end of duty free shopping. The operator runs a ferry service between Portsmouth and Bilbao. In the course of the voyage the ship sails through territorial waters of the UK, France and Spain and in international waters. Mr Justice Lightman ruled VAT should be levied at the UK rate because that is where passengers boarded the ship. While Customs contended that goods sold were within the scope of VAT, P&O said supply of goods on the high seas, and outside the territorial waters of any EC member state, fell outside was therefore not subject to VAT. – Chancellor Gordon Brown has decided to drag his heels in acting on a European Commission ruling that the UK must impose VAT on tolls on bridges until he is compelled to act by the European Court of Justice.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy