HMRC have published detailed rules for sales of consignments of goods valued at or below £135. For some time HMRC have been concerned that overseas vendors were not charging and accounting for UK VAT and these rules seek to remedy this.

Whilst the UK technically left the EU at the start of 2020, we have been operating on a stand-still basis under the same VAT rules during […]

HMRC collected £34 million in penalties in September 2020, an increase of 62% from a low of £21m in May, after resuming tax investigations. After temporarily […]

Following the recent Wickford Developments decision, any property developer who has been refused VAT refunds on installing manual roller blinds into new homes should review the VAT lost in the past 4 years with a view to making a claim from HMRC. This decision follows that of an earlier case that HMRC chose to ignore (John Price) and HMRC were criticised for continuing with a policy that the courts had disagreed with.

Earlier this month (October 2020), HMRC issued “nudge letters” to the corporate owners of high value UK property with outstanding ATED (Annual Tax on Enveloped Dwellings) returns.

HMRC are targeting UK residents that hold high-yield Rupee deposit account or NRI fixed-deposit account in India. In the latest batch of letters is a ‘Certificate of Tax Position’ prompting those with undeclared assets in India to declare under the Worldwide Disclosure Facility (WDF).

Airbnb have paid an extra £1.8m in UK tax following a HMRC investigation, in addition to a £1.1m tax bill paid on profits of £5.6m by Airbnb UK in 2019.

In August, HMRC issued the first wave of compliance letters in regards to the Coronavirus Job Retention Scheme (CJRS) after moving into the post-transaction review phase of the scheme.

From 6 April 2020, there will be significant CGT tax changes that will dramatically affect the tax paid on residential property sales by private UK individuals. […]

Jeffreys Henry LLP has appointed Richard Collier as the new VAT Director. Richard will head up the VAT department to continue to broaden the firm’s service […]