VAT news - June 2017

Welcome to our VAT blog area – we talk about the things that are important to our clients and the essential VAT information we think you need to know.
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E-publications VAT proposals stalled

Gareth Bevan 23 June 2017 No comments

The European Commission’s proposal to enable Member States to align the VAT treatment of e-publications with printed ones has hit problems following a Council of Economy and Finance Ministers (ECOFIN) meeting on 16th June 2017 . The proposal which was a key element of the VAT Digital Single Market Package had seemed to be progressing smoothly…

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Hung Parliament

What does a hung parliament mean for Brexit?

Gareth Bevan 9 June 2017 No comments

Hung Parliament The fact that Theresa May failed to secure an increased majority and ended up with a hung parliament in yesterday’s General Election has resulted in even more uncertainty as we head towards the start of Brexit negotiations.  Theresa May had hoped that calling a snap election, with the aim of increasing her majority,…

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Most businesses unaware of the new corporate offence of failing to prevent the facilitation of tax evasion

Gareth Bevan 7 June 2017 No comments

New criminal corporate offence against tax evasion to be introduced In the Government’s ongoing crackdown against tax evasion a new corporate offence is to be introduced by September 2017.  The Criminal Finances Act, which received Royal Assent on 27 April 2017, contains legislation for the new corporate offence of failure to prevent facilitation of tax…

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