All news by: Mustafa Sikandary

Is your VAT group still valid?

The recent Barclays Bank tax demand of £184m in backdated VAT should serve as a powerful reminder of the importance of compliance with VAT group requirements for financial services companies. The case indicates HMRC’s current interest in both VAT groups and partially-exempt entities.

Making Tax Digital: are you ready for April 2019?

The taxman is embracing digital technology – and that means businesses need to as well. HMRC’s Making Tax Digital (MTD) initiative goes live from 1 April 2019 – so the clock’s ticking. It’s time to make sure you can meet the new requirements for digital record keeping and understand the new mechanism for submitting VAT returns to HMRC.

Online sales of goods targeted by the UK tax authorities

As part of the tax measures announced in the Budget delivered on 16 March, the UK Government announced measures aimed at what they perceive to be an area of significant non-compliance with VAT obligations. These proposals address the long-standing problem of non-EU suppliers selling goods via the internet who do not register and account for UK VAT (value added tax), undercutting the compliant online and high street retailers.