25 November 2022| CATEGORIES: VAT refund| TAGS: electronic, HMRC, VAT refund
Non-UK businesses can now opt to make UK VAT refund claims electronically. The claims are submitted electronically using HMRC’s Secure Data Exchange Service (SDES) system. The system is optional and there are no immediate plans to make it mandatory.
18 November 2022| CATEGORIES: New VAT policy, VAT| TAGS: HMRC, New policy
HMRC has published new guidance on determining whether or not an activity is a business activity for VAT purposes. Revenue and Customs Brief (10) 2022 sets out HMRC’s new approach.
11 November 2022| CATEGORIES: VAT, VAT reduction| TAGS: tampon tax, VAT rate cut
A report by the Tax Policy Associates think-tank has found that following the abolition of 5% VAT on women’s sanitary products only a 1% price reduction was passed on to consumers.
