22 May 2025| CATEGORIES: e-Commerce, IOSS| TAGS: e-commerce, EU, foreign businesses, new VAT rules, platform economy
The European Commission has announced new VAT rules relating to distance sales of imported goods. The aim is to reinforce the collection of VAT and encourage increased use of the Import One Stop Shop (IOSS) by foreign traders and platforms.
9 May 2025| CATEGORIES: Court of Appeal, insurance intermediary services, irrecoverable VAT| TAGS: black box insurance, VAT appeal
The Court of Appeal dismisses taxpayer’s appeal on whether VAT is recoverable on the provision and installation of black boxes in vehicles insured under policies it facilitated.
2 May 2025| CATEGORIES: Compliance checks, HMRC guidance, Interactive tool| TAGS: HMRC, Interactive guidance
HMRC has launched a new free online Interactive Compliance Guidance tool to help businesses and individuals understand HMRC compliance checks. It brings together existing compliance guidance and videos in one place, making it easier to find and navigate the appropriate information.
