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.
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.
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.