VAT news - November 2017

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Autumn Budget 2017 – VAT registration threshold frozen and online VAT fraud targeted

carolineheath 22 November 2017 No comments

Today Chancellor Philip Hammond presented his first Autumn Budget.  The main VAT-related measures announced were: VAT registration thresholds In response to the Office of Tax Simplification’s report Value Added Tax: Routes to Simplification, the government will consult on the design of the threshold. In the meantime the registration threshold will be maintained at the current level…

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Low Value VAT Exemption

EU Definitive VAT System

Gareth Bevan 8 November 2017 No comments

The EC has announced its proposals to reform the EU VAT system & create a single EU VAT area. We examine changes representing the most significant reform of the VAT system in almost 25 years. 

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