News & Case Study Archive
Potential VAT Reclaims
HMRC have released a Business Brief 10 (2016) following the First-tier Tribunal (FTT) decision in Berkshire and Others. This follows on from the case of Bridport and West Dorset Golf club, in which the CJEU found that the UK had incorrectly applied VAT to certain supplies made to visitors of non-profit making members’ golf clubs and other non-profit […]
Read full article »Changes to VAT Notice 733: Flat Rate Scheme for small businesses.
HMRC have recently updated their Flat Rate Scheme Notice 733, changes have been made to the guidance on selecting the appropriate sector rate. Previously HMRC had a whole paragraph (4.4) dedicated to ‘business activities that are the source of common enquiry’ with advice on which trade sector to choose. Noting that if you act as […]
Read full article »PSC Arrangements
With the raft of recent changes targeted at employment intermediaries, we are seeing an increasing number of arrangements involving the use of Personal Service Companies (“PSCs”) as a method of engaging workers. One particular form of this type of arrangement involves the incorporation of a quantity of PSCs, each engaging either a single worker or, […]
Read full article »HMRC success in long awaited MSC case
Just over 9 years after the infamous Managed Service Companies rules came into force, the very first judgment on the legislation has been released by the First-tier Tax Tribunal. The case centres largely around a company called Costelloe Business Services Ltd and its associated company i4 Group Ltd (which we will refer to as “CBS” […]
Read full article »Partial Exemption Special Method
A recent First-tier Tribunal case Dynamic People Limited v HMRC [2016] UKFTT 229 (TC) brought up an interesting challenge to HMRC’s approach to VAT groups and a special method for partial exemption agreed by them. The method used floor space to determine the taxable, and therefore, recoverable portion of input tax. When the method was agreed the company was not a member […]
Read full article »Registration and Deregistration Thresholds
HMRC have issued a new version of VAT Notice 700/11 : ‘Cancelling your registration’. It contains more detailed information on how to cancel your VAT registration using the online service. Interestingly, the supplement to the Notice has the old registration and deregistration limits! The current threshold for registration is shown as £82,000 and for deregistration as £80,000. Both […]
Read full article »Vodcast – Draft Finance Bill Update – travelling & subsistence rules
Following the release of the draft finance bill, in particular the draft Section 339A that is to be inserted into ITEPA 2003, we thought it would be useful to put together a vodcast explaining the technical aspects of the draft legislation. The following link should allow you to access our YouTube channel and view our […]
Read full article »Draft Finance Bill Update – travelling & subsistence rules
The much anticipated draft of the Finance Bill has today been released, containing amongst other things draft clauses relating to the restriction on tax relief on travel and subsistence expenses for workers engaged through intermediaries. The following documents are relevant: • Employment Intermediaries and Tax Relief for Travel and Subsistence: Summary of Responses to the consultation • The draft legislation • Explanatory notes to the draft legislation • The gov.uk guidance on the draft legislation […]
Read full article »The CITB Levy – As easy as A B C?
The Construction Industry Training Board (CITB) works with construction companies to keep the UK construction industry well-skilled and competitive. The CITB accomplish this by providing a number of services including access to funding and support services for skills and training. However, as many of you well know, the CITB are only able to provide such […]
Read full article »Zero-Hours Contracts
For several months various government ministers have been claiming to have ‘banned’ the use of exclusivity clauses in zero-hours contracts. In fact, the legislation to make such clauses unenforceable against a worker only came into effect on 26th May 2015. Exclusivity clauses are designed to prevent a worker from working for any other employer during […]
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