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Coronavirus VAT deferment: Don’t delay

Coronavirus VAT deferment: Don’t delay

Many UK businesses are at risk of losing out on the coronavirus three month VAT deferment if they do not act immediately. After announcing the easement on 20th March, HMRC has followed up with a warning that direct debit payers must contact their banks to cancel the...
HMRC come a cropper on the ski slopes

HMRC come a cropper on the ski slopes

The upper tribunal, which is essentially the tax Court of Appeal, has ruled that lift passes sold at an indoor ski centre should be subject to 5% VAT. Overturning the first-tier tribunal decision from 2018. The decision highlights one of the most worrying aspects of...
VAT on Cold Takeaway Food

VAT on Cold Takeaway Food

I recently had an urgent SOS call from a client named Marco, who runs a pizza takeaway business. I felt like James Bond being called into action on a high-profile mission: ‘Operation Margherita’, so to speak. The business owner was convinced that if one of his...
VAT Return: HMRC use nudge theory to collect more tax

VAT Return: HMRC use nudge theory to collect more tax

Nudge theory is a concept in behavioural science, which proposes positive reinforcement and indirect suggestions as to ways to influence the behaviour and decision making of groups or individuals. Now HMRC has discovered this new concept and undertook an experiment on...