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Latest Value Added Tax News

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HMRC Stakeholder Digest - 11 May 2023

HMRC’s Stakeholder Digest (11 May 2023) provides a round-up of recent news and updates.

12 May 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Technical consultation: The Plastic Packaging Tax (General) (Amendment) Regulations 2023

HMRC has launched a technical consultation seeking views on draft regulations to amend the rules for claiming tax credits in certain circumstances in respect of Plastic Packaging Tax.

11 May 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

HMRC yearly average and spot rates

HMRC has published its updated list of yearly average and spot foreign exchange rates for the year to 31 March 2023.

04 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance for tax agents

HMRC has updated its tax agents guidance to clarify when a tax agent must have an agent service account.

04 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Revenue and Customs Brief 5 (2023): change to the VAT treatment of medical services carried out by non-registered staff directly supervised by pharmacists

This brief details a change to the VAT treatment of medical services carried out by non-registered staff directly supervised by pharmacists from 1 May 2023.

03 May 2023 00:00 | Published by a Tolley Value Added Tax expert

Updated VAT Notice 708/6: Energy-saving materials and heating equipment

HMRC has updated its VAT notice on installing energy-saving materials and grant-funded heating equipment.

02 May 2023 00:00 | Published by a Tolley Value Added Tax expert

Weekly roundup of HMRC manual changes: 2 May 2023

2 May 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

02 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Notice made under the Value Added Tax (Margin Schemes and Removal or Export of Goods: VAT-related Payments) Order, SI 2023/68

A notice (which has the force of law) has been published in relation to the record keeping requirements and method of claiming a VAT related payment on eligible second-hand motor vehicles that are bought in Great Britain and moved to Northern Ireland or the EU after 30 April 2023 with the intention of selling them.

02 May 2023 00:00 | Published by a Tolley Value Added Tax expert

SI 2023/473 The Indirect Taxes (Notifiable Arrangements) (Amendment) Regulations 2023

These Regulations amend the Indirect Taxes (Notifiable Arrangements) Regulations, SI 2017/1216 to ensure that the description of certain Value Added Tax (VAT) avoidance arrangements concerning offshore supplies, include transactions between members of the same VAT group.

02 May 2023 00:00 | Published by a Tolley Value Added Tax expert

Tax Administration and Maintenance Day – 27 April 2023

The UK government published various tax policy consultations and other updated documents on 27 April 2023.

27 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

VAT road fuel scale charges from 1 May 2023 to 30 April 2024

HMRC has published updated road fuel scale charge tables for VAT which apply from 1 May 2023.

24 Apr 2023 00:00 | Published by a Tolley Value Added Tax expert

Weekly roundup of HMRC manual changes: 24 April 2023

24 April 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

24 Apr 2023 00:00 | Published by a Tolley Employment Tax expert

HMRC Stakeholder Digest: 20 April 2023

HMRC’s Stakeholder Digest (20 April 2023) provides a round-up of recent news and updates.

21 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: issue 107

HMRC has published Agent Update issue 107 (19 April 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

20 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Tax Administration and Maintenance Day announced

Tax Administration and Maintenance Day is set for 27 April 2023

19 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Reminder on VAT portal closure for annual filers

The ATT has reported that HMRC is contacting taxpayers who file annual VAT returns, to remind them that the pre-MTD online VAT return portal closes from 15 May 2023.

18 Apr 2023 00:00 | Published by a Tolley Value Added Tax expert

Finance Bill weekly roundup – 17 April 2023

A summary of key developments as Finance (No 2) Bill 2023 makes its way through Parliament.

17 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Finance Bill roundup – 14 April 2023

UK government amendments on R&D and multinational top-up tax are expected to be passed at Committee of the Whole House stage.

14 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Revenue and Customs Brief 12 (2021): VAT treatment of gaming machines from 6 December 2005 to 31 January 2013

HMRC has updated this brief to clarify what elements of gaming machine income is eligible for a VAT refund claim.

12 Apr 2023 00:00 | Published by a Tolley Value Added Tax expert

Finance (No 2) Bill 2023 - Committee dates announced

The Bill will be discussed by a Committee of the Whole House, before being passed to a Public Bill Committee for further consideration.

06 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Double tax relief

Double tax reliefWhen income arises in a foreign country to a UK resident company and that income is taxable in that foreign country, the UK may give the company relief for the foreign tax by crediting the foreign tax against the UK tax charged on that income. This might include withholding tax on

14 Jul 2020 11:31 | Produced by Tolley in association with Anne Fairpo Read more Read more

Long service awards

Long service awardsEmployee recognition by an employer can be an important motivational tool, as well as having a positive effect on retention. Most employer awards made to an employee are treated as taxable earnings under ITEPA 2003, s 62 or as a benefit under ITEPA 2003, s 201 because they are

14 Jul 2020 12:11 | Produced by Tolley Read more Read more

Maintenance payments

Maintenance paymentsMaintenance payments are payments made by a taxpayer to their former or separated spouse / civil partner for the maintenance of that person or their children. To obtain any tax relief for maintenance payments, one of the couple must have been born before 5 April 1935 and the

14 Jul 2020 12:12 | Produced by Tolley Read more Read more