Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
06 January 2020
Tribunal declares digital newspaper subscriptions to be VAT zero-ratedIn a decision released on Christmas Eve, the Upper Tax Tribunal provided an early Christmas present for the newspaper industry by confirming that digital editions of The Times, Sunday Times and The Sun qualified for the same VAT zero-rate as paper editions.
Tony Cochrane
VAT Senior Manager
18 December 2019
Making Tax Digital: opportunity to extend digital links deadlineHMRC has announced it will consider requests from businesses who wish to extend the Making Tax Digital (MTD) digital links deadline that comes into force in 2020. Read on to find out more about digital links, whether your business fits the criteria for an extension, and if so, the steps you need to take to apply now.
28 October 2019
Brexit update - “flextension” to 31 JanuaryEU leaders have today agreed to accept the UK’s request for a Brexit “flextension” until 31 January 2020, meaning if a deal is sealed before this date and agreed by Parliament then it can happen sooner.
06 September 2019
Good news for the construction sector as reverse charge VAT change is delayed by a yearHMRC has today announced that the introduction of the construction industry VAT reverse charge, due to come into effect on 1 October this year, has been postponed for 12 months.
Tony Cochrane
VAT Senior Manager
06 September 2019
Is VAT ever recoverable on buying a car?The recovery of VAT on cars has always been a contentious area for UK businesses. A recent First Tier Tribunal case over such VAT recovery has found in the taxpayer’s favour. This case may be of interest to VAT registered businesses that have incurred VAT on the purchase of cars exclusively for their business purposes.
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