New VAT Penalty Regime in the UK from 1st January 2023
From 1st January 2023, the way the UK’s tax authorities (HMRC – Her Majesty’s Revenue and Customs) charge penalties for late submission of VAT returns or payment of the resulting...
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Brexit: Amazon announces changes to FBA and EFN
The United Kingdom will inevitably leave the European Union on 1st January 2021 after the option of an extension of the deadline has not been chosen. The precise nature of...
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UK Tax News
HMRC urged to temper new VAT penalties for online retailers ‘ The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion...
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The UK Brexit Customs and VAT Bill
Last week, the UK Parliament had its second reading of the ‘Taxation (Cross Border Trade) Bill’, which lays the ground for the post-Brexit Customs, VAT and Excise regimes. The Bill...
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UK Tax News
Lawmakers in the UK reject proposed amendment to Brexit legislation A proposed amendment to Brexit legislation has been voted against by the lawmakers in the UK. This legislation would have...
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UK Tax News
The BCC calls for tax cuts Ahead of the British Chancellor’s Autumn Budget in November, the British Chambers of Commerce (BCC) has urged the UK Government to take immediate action...
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UK government guidance for new tax avoidance penalty law
Last month the UK government released guidance involving the new legislation that will introduce penalties for enablers of defeated tax avoidance arrangements. The Finance Bill (No. 2) 2017 legislation –...
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UK – Tax News
The UK sets out post-Brexit cross-border tax plans On the 9th October, 2017, the UK Government released a number of ‘white papers’, setting out how it will accomplish its trade...
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UK Tax
UK postpones tax technology plans George Osborne, the previous Chancellor of the Exchequer announced last year “the death of the tax return”. A new plan named “Making Tax Digital’ and...
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