The change would mean that, as for goods, taxation in most cases would be switched from the place where the service supplier is based to the location of the customer.
There would, however, be exceptions to avoid heavy administrative burdens in such services as immovable property and transport.
Brussels said that there would have to be an extension of the electronic ‘VAT Information Exchange System’ which allows tax authorities to verify a VAT number provided by a trader.
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
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
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
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more