VAT

Sports related services – changes to the VAT exemption

Following the ECJ judgment in Canterbury Hockey Club (C-253/07), there will be changes to the exemption for sports related services from 1 September 2010, mainly affecting affiliation fees from governing bodies to member clubs.

Read more

Inflation and VAT concerns make life worse for savers

News that the UK consumer price index rate of inflation made a surprise jump to 3.7 per cent last month will add to the discomfort of the nation’s savers.

Read more

VAT increase may be on the agenda

The plans laid out by the new coalition government could mean a rise in taxes, with VAT a favourite target, experts have warned.

Read more

When cheque payments are 'received' by HMRC

These days, most payments of VAT to HMRC by taxpayers are made electronically but cheque payments are still allowed in certain circumstances, notably by small, already registered businesses with annual VAT-exclusive turnover of less than £100,000, which continue to file paper returns.

Read more

Firms finding it more difficult to defer VAT payments

Increasing numbers of firms are being refused the chance to defer their VAT payments under the Time to Pay scheme.

Read more

Treatment of university trading subsidiaries

HMRC have announced that in most cases where universities set up trading subsidiaries, which themselves provide education, they are acting as if they are a college institution, school or hall of a university.

Read more

General Election 2010: a hung Parliament

With no party capable of commanding an overall majority in the House of Commons, here is a brief recapitulation of what each of the main parties has promised on business, tax and the economy.

Read more
Syndicate content