Making Tax Digital: a great and much-needed step towards digitsation

Making Tax Digital Making Tax Digital: a great and much-needed step towards digitsation

3y Lucy Skoulding, Reporter

Making Tax Digital: a great and much-needed step t...

Avalara’s Richard Asquith talks about the benefits of Making Tax Digital, where businesses are now, and predictions for the VAT go-live next April Rea...

View article
HMRC’s VAT fraud agreement – how has the accountancy industry responded?

VAT HMRC’s VAT fraud agreement – how has the accountancy industry responded?

3y Emma Smith, Managing Editor

HMRC’s VAT fraud agreement – how has the accountan...

HMRC has announced an agreement to tackle VAT fraud on online marketplace platforms, committing online marketplace signatories to a number of measures...

View article
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

3y Santhie Goundar

How might Brexit affect UK tax policy?

Nearly two years after the UK voted to leave the European Union, it is still not totally clear what impact Brexit will have on Britain. However, one a...

View article
Get the latest analysis and reports delivered to your inbox daily
How to handle VAT refund delays

VAT How to handle VAT refund delays

3y Santhie Goundar

How to handle VAT refund delays

It happens sometimes: your business is owed a VAT repayment, but delays in receiving the money from HMRC occur for some reason. How does this happen, ...

View article
UK to exit EU VAT regime in January 2021

Brexit & Economy UK to exit EU VAT regime in January 2021

3y Richard Asquith, Avalara

UK to exit EU VAT regime in January 2021

Traders face major costs and admin requirements as a result Read More...

View article
VAT and the EU: what’s new?

VAT VAT and the EU: what’s new?

3y Rob Janering, Associate director, Accordance VAT

VAT and the EU: what’s new?

There have been several updates and proposals issued by the EU in recent months which, if adopted, could significantly change the way that VAT needs t...

View article
How to handle overpayment of VAT

VAT How to handle overpayment of VAT

3y Emma Smith, Managing Editor

How to handle overpayment of VAT

How do VAT overpayments occur, how should VAT refunds be claimed from HMRC and what are the implications for interest on overpayments? Read More...

View article
EU parliament to launch tax inquiry in the wake of the Paradise Papers

Legal EU parliament to launch tax inquiry in the wake of the Paradise Papers

3y Alia Shoaib, Reporter

EU parliament to launch tax inquiry in the wake of...

The committee's remit will cover EU VAT fraud, non-dom rules and the EU tax haven black list Read More...

View article
Is HMRC’s increased VAT take unfairly impacting small businesses?

HMRC Is HMRC’s increased VAT take unfairly impacting small businesses?

3y Alia Shoaib, Reporter

Is HMRC’s increased VAT take unfairly impacting sm...

VAT receipts now make up 21% (£124bn) of HMRC’s tax take, up from 16% during the recession, but this can cause cash flow problems for small businesses...

View article
VAT simplification: What are the OTS recommendations?

VAT VAT simplification: What are the OTS recommendations?

3y Emma Smith, Managing Editor

VAT simplification: What are the OTS recommendatio...

The Office of Tax Simplification's report on the UK VAT system calls for a review of the registration threshold, VAT administration and rate structure...

View article
HMRC victorious in £1.25bn VAT dispute with Littlewoods

HMRC HMRC victorious in £1.25bn VAT dispute with Littlewoods

3y Alia Shoaib, Reporter

HMRC victorious in £1.25bn VAT dispute with Little...

Ending a decade long legal battle, the Supreme Court has ruled HMRC does not have to pay Littlewoods £1.25bn in compound interest Read More...

View article
HMRC ‘slow to act’ on VAT fraud, tougher stance needed for online marketplaces

HMRC HMRC ‘slow to act’ on VAT fraud, tougher stance needed for online marketplaces

4y Emma Smith, Managing Editor

HMRC ‘slow to act’ on VAT fraud, tougher stance ne...

The Public Accounts Committee has called on HMRC to act with urgency to tackle VAT fraud, and disputed that the revenue authority has the ability to c...

View article
EU tax authorities: Anti-fraud measures and a grab for cash

VAT EU tax authorities: Anti-fraud measures and a grab for cash

4y Nicholas Hallam, Accordance

EU tax authorities: Anti-fraud measures and a grab...

Tax authorities across Europe are cracking down on VAT fraud in an effort to close the VAT Gap. What are the measures being implemented by EU Member S...

View article
HMRC collects an extra £3.4bn from SMEs in underpaid VAT

HMRC HMRC collects an extra £3.4bn from SMEs in underpaid VAT

4y Alia Shoaib, Reporter

HMRC collects an extra £3.4bn from SMEs in underpa...

VAT revenue made up 49% of the additional tax take from SMEs following HMRC investigations into SME tax compliance Read More...

View article
Court upholds ruling against HMRC’s position in Sports Direct EU VAT case

HMRC Court upholds ruling against HMRC’s position in Sports Direct EU VAT case

4y Alia Shoaib, Reporter

Court upholds ruling against HMRC’s position in Sp...

The Upper Tribunal Court has upheld a ruling in favour of Sports Direct and against HMRC’s position that the retail company owed millions in EU VAT Re...

View article
Making Tax Digital – still full steam ahead?

Making Tax Digital Making Tax Digital – still full steam ahead?

4y Margaret Curran

Making Tax Digital – still full steam ahead?

The recent announcements around MTD place VAT firmly at the forefront of the programme – but where does that leave MTD for other taxes? The CIOT’s Mar...

View article
Making Tax Digital delayed to 2020 at the earliest for taxes other than VAT

Making Tax Digital Making Tax Digital delayed to 2020 at the earliest for taxes other than VAT

4y Alia Shoaib, Reporter

Making Tax Digital delayed to 2020 at the earliest...

The government announces reformed MTD timetable and when to expect the Summer Finance Bill Read More...

View article
Should the VAT threshold be increased post-Brexit?

VAT Should the VAT threshold be increased post-Brexit?

4y Alia Shoaib, Reporter

Should the VAT threshold be increased post-Brexit?

Research by AAT reveals that a third of members support a significant increase in the VAT threshold Read More...

View article
Brexit: What's next for VAT?

Corporate Tax Brexit: What's next for VAT?

4y Alia Shoaib, Reporter

Brexit: What's next for VAT?

Brexit negotiations have now begun, and the clock is ticking until the UK leaves the EU on 29 March 2019. But, what does this all mean for the UK's VA...

View article
How can businesses prepare for increased HMRC scrutiny?

Audit How can businesses prepare for increased HMRC scrutiny?

4y Emma Smith, Managing Editor

How can businesses prepare for increased HMRC scru...

With HMRC increasing its focus on VAT compliance, what can SMEs do to ensure that they have the correct processes in place and are prepared for a futu...

View article
5 ways business models can affect VAT liability

Governance 5 ways business models can affect VAT liability

4y Emma Smith, Managing Editor

5 ways business models can affect VAT liability

Understanding the impact of business models on VAT obligations can help to minimise tax risks and ensure compliance with tax regulations Read More...

View article
Reducing the VAT gap: Modernising VAT administration in Spain

Technology Reducing the VAT gap: Modernising VAT administration in Spain

4y Emma Smith, Managing Editor

Reducing the VAT gap: Modernising VAT administrati...

Jaume Carol of Aptean assesses the new software requirements for companies in light of current changes in the Spanish VAT collection system Read More...

View article
5 ways businesses will benefit from a Brexit VAT health check

VAT 5 ways businesses will benefit from a Brexit VAT health check

4y Emma Smith, Managing Editor

5 ways businesses will benefit from a Brexit VAT h...

With Brexit, the cross-border VAT environment will change. What practical measures can businesses take to ease the transition and minimise risk before...

View article
HMRC nets £3.3bn in underpaid VAT from SMEs

HMRC HMRC nets £3.3bn in underpaid VAT from SMEs

4y Emma Smith, Managing Editor

HMRC nets £3.3bn in underpaid VAT from SMEs

VAT is a key area of focus for HMRC, with further inquiries likely to follow, according to tax investigation insurance specialists PfP Read More...

View article
Diverging pathways: The VAT agenda in the European Union

VAT Diverging pathways: The VAT agenda in the European Union

4y Emma Smith, Managing Editor

Diverging pathways: The VAT agenda in the European...

Nicholas Hallam of Accordance explores the European Commission's VAT agenda following the recent release of the Commission's White Paper on the Future...

View article

Featured Jobs & Recruiters

View all jobs
Pension Fund and Treasury Accountant

Pension Fund and Treasury Accountant

​Salary: £49,827 - £52,866 Hounslow (London Borough), London (Greater)