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... Please Read More
There are more than 800,000 online stores in Europe
e-Commerce News along with data company, Dataprovider, have conducted research to find out how many online stores are currently in Europe. According to the research, there is a 98% accuracy... Please Read More
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... Please Read More
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... Please Read More
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 –... Please Read More
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... Please Read More
UK – VAT measures announced in the Budget
The Chancellor announced in the UK Spring Budget new measures for tackling VAT avoidance and evasion, together with an increase in the registration and de-registration thresholds. VAT Avoidance The elimination... Please Read More
UK – changes to VAT
The UK raises VAT Registration Threshold On 8th March, 2017 the UK Chancellor announced in his Spring Budget that the annual VAT ‘Registration Threshold’ will rise from £83,000.00 to £85,000.00,... Please Read More
Increase on ‘free allowance’ on small packages
From 1st January, 2017, the VAT-free threshold has been increased by the UK for small packages being imported in the country, from outside of the EU. The previously maximum value... Please Read More