HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 September 2022, increasing rates between one and two pence per mile The advisory fuel rates that apply from 1 September 2022 have been increased for some classes of vehicles from...
Read MoreOver the last quarter Croner-i has seen the number of insurance claims increase by 60% as HMRC ramps up enquiry activity into potential tax avoidance HMRC enquiry levels were always going to return to ‘normal’ levels, if not more, given the pressures on the Treasury coffers,...
Read MoreThe Association of Taxation Technicians (ATT) is urging the government to rethink the outdated penalties for not complying with Making Tax Digital (MTD) for VAT The ATT suggests that HMRC modernise its approach to penalties to encourage compliance with tax rules rather than punish those who...
Read MoreHMRC is ramping up its activity against mini umbrella companies using both its civil and criminal powers to challenge use and curb abuse HMRC’s Fraud Investigation Service has deregistered tens of thousands of mini umbrella companies which they believed were involved in exploiting the VAT Flat...
Read MoreThe court has ruled that flapjacks cannot be classed as cakes which means they are subject to standard rate VAT and due to this the company is not entitled to credit on input tax The First Tier Tribunal (FTT) has ruled in HMRC’s favour, declaring that...
Read MoreHMRC has confirmed that the reporting requirements under the VAT flat rate scheme are due to change in June From 1 June 2022, businesses registered under the flat rate scheme should no longer include imports accounted for under postponed VAT accounting within their flat rate turnover....
Read MoreA taxpayer has won an appeal against a VAT and interest assessment worth £87,795 with the court ruling that they ran an ‘ordinary car boot’ and the pitches it rented out were zero-rated The First Tier Tribunal (FTT) ruled in favour of Rufforth Park Ltd and...
Read MoreThe government has announced plans to delay the introduction of penalties for late submission of VAT returns The new penalty system was due to come into effect from 1 April 2022 but this has now been delayed by nine months until January 2023. In a statement to...
Read MoreThe court has ruled in favour of the taxpayer in an appeal against a VAT assessment of £18,649 in regards to rooms rented to other businesses within a hairdressing salon The First Tier Tribunal (FTT) upheld the appeal against HMRC for a VAT assessment...
Read MoreUber’s business model has been declared unlawful in London following a ruling in the High Court over whether VAT should be charged on fares The High Court ruled that Uber’s drivers were compatible with the Private Hire Vehicles (London) Act 1998 and are now required to...
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