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Posts tagged with "value-added-tax-vat"

Knew or should have known… A review of MTIC or Carousel fraud cases

June 23 2011

The English Courts and Tribunals have held that the right of a taxable person to deduct input VAT in respect of certain transactions cannot be affected by the fact that, in the chain of supply of which those transactions form part, without   Read More…

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HMRC sets its sights on VAT rule-breakers

June 22 2011

SPALDING-based chartered accountancy firm Moore Thompson is warning that HM Revenue & Customs (HMRC) has announced it is to target individuals and businesses who are trading above the VAT threshold but have not registered for VAT in a new drive against rule-breakers.   Read More…

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Taxman targets sporting events

June 22 2011

Inspectors from Her Majesty’s Revenue and Customs will also be heading down to south London over the next few weeks. This is because they will be clamping down on people who rent out flats and houses for up to £15,000 a week   Read More…

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Hard-up businesses leave HMRC hanging for £650m

June 22 2011

More than two-thirds of the total tax bill that HM Revenue & Customs has deferred for enterprise and the self-employed under ‘Time to Pay’ agreements is yet to be paid as the businesses initially agreed. According to official figures, of the £970m   Read More…

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