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What drinks are also beverages – Ask HMRC

What drinks are also beverages – Ask HMRC

For the ordinary man or woman-in-the-street, the distinction between a drink and a beverage may seem purely academic, but this has actually generated a great deal of interest for both VAT experts and the Revenue, because the implications of just where the line is...
Offside whistle blown on HMRC

Offside whistle blown on HMRC

Today’s Blog concerns a football agent who received €4m for their part in an international transfer deal, zero-rated the transaction in their records, but then HMRC stepped in, demanding 20% VAT on the deal. VAT & Football Transfers: Background Sports Invest UK...