21 August 2024| CATEGORIES: VAT legislation, VAT OSS| TAGS: HMRC, OSS, VAT
HMRC has updated the VAT One Stop Shop (OSS) and Import One Stop Shop (IOSS) section in its Manual on VAT Tertiary Legislation. The update includes a new section to let OSS registered businesses know how and when to notify HMRC if they no longer make eligible supplies under the scheme.
14 August 2024| CATEGORIES: EU VAT, General Court, VAT case| TAGS: Court of Justice, EU, General Court, VAT cases
From 1 October 2024 responsibility for EU decisions in VAT and customs cases will transfer from the Court of Justice of the European Union to the General Court of the European Union. The aim of the reform is to reduce the workload of the Court of Justice.
7 August 2024| CATEGORIES: Private school fees, standard rated, VAT| TAGS: 20%, school fees, UK, VAT change
The government has announced that from 1 January 2025 private school fees will be subject to VAT at the standard rate of 20%. Boarding services provided by a private school will also be subject to VAT at 20%. Anti-forestalling measures will be introduced to prevent VAT avoidance.
