Jo Crookshank and Gary Barnett (Simmons & Simmons) review recent VAT developments that matter.
This month’s VAT briefing has a definite cross-border flavour. Welcome changes to the rules around cross-border supplies of e-services are being introduced which will benefit smaller suppliers of such services who until now faced an unenviable decision as to whether or not to use the mini one-stop shop (MOSS) scheme. The Taxation (Cross-border Trade) Act 2018 received royal assent on 13 September and provides the legislative basis for a new UK customs regime post Brexit including provision for changes to import VAT.
The ability of financial services and insurance businesses to recover input VAT on certain specified supplies to non-EU recipients has been brought into the spotlight by the recent case of Hastings Insurance [2018] UKFTT 27 leading to the publication of potentially problematic draft legislation by HMRC. The AG opinion in...
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Jo Crookshank and Gary Barnett (Simmons & Simmons) review recent VAT developments that matter.
This month’s VAT briefing has a definite cross-border flavour. Welcome changes to the rules around cross-border supplies of e-services are being introduced which will benefit smaller suppliers of such services who until now faced an unenviable decision as to whether or not to use the mini one-stop shop (MOSS) scheme. The Taxation (Cross-border Trade) Act 2018 received royal assent on 13 September and provides the legislative basis for a new UK customs regime post Brexit including provision for changes to import VAT.
The ability of financial services and insurance businesses to recover input VAT on certain specified supplies to non-EU recipients has been brought into the spotlight by the recent case of Hastings Insurance [2018] UKFTT 27 leading to the publication of potentially problematic draft legislation by HMRC. The AG opinion in...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
