officials have said that a stand-off relating to the payment of VAT on
electronic goods bought online has been settled.
Online buyers of electronic goods will now be liable to pay VAT at the rate
imposed by their country of residence instead of the tax imposed by the country
their purchases came from.
EU finance ministers agreed the change as part of sweeping reforms of the
region’s value added tax regime.
The policy shift, which has been made in light of the upsurge in online
services since the EU laid down VAT rules, is set to be introduced in 2015.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed