Harry Smith

Sep 24, 2024 | lexology.com | Adam Craggs |Harry Smith

Welcome to the September 2024 edition of RPC's V@, a monthly update which provides news and analysis from the VAT world. HMRC has published new Guidelines for Compliance (GfC8) setting out what it considers to be good practice in relation to VAT accounting and compliance processes.  With effect from 30 September 2024, the 'Green Lane' processes under the Windsor Framework apply to movement of goods from Great Britain to Northern Ireland.

Sep 24, 2024 | lexology.com | Adam Craggs |Harry Smith

Welcome to the September 2024 edition of RPC's V@, a monthly update which provides news and analysis from the VAT world. Barclays Service Corporation v HMRC [2024] UKFTT 785 (TC)Barclays Services Corporation (BSC) was an indirect subsidiary, registered in Delaware, of UK-listed Barclays Plc. BSC carried out services for other Barclays entities under intragroup outsourcing agreements.

Aug 27, 2024 | lexology.com | Adam Craggs |Harry Smith

Welcome to the August 2024 edition of RPC's V@, a monthly update which provides insightful analysis and news from the VAT world relevant to your business. Supply of hair extensions did not qualify for zero-ratingThe director of the appellant company devised a system, called the 'Kinsey System', for hair augmentation and wig adaptation that was supplied specifically to women who were suffering from significant hair loss.

Aug 27, 2024 | lexology.com | Adam Craggs |Harry Smith

Welcome to the August 2024 edition of RPC's V@, a monthly update which provides insightful analysis and news from the VAT world relevant to your business. Draft legislation has been published which, when enacted, will remove private school fees from the scope of the exemption from VAT. The accompanying Revenue & Customs Brief 8 (2024) provides further information.

Jul 23, 2024 | lexology.com | Adam Craggs |Harry Smith

Welcome to the July 2024 edition of RPC's V@, a monthly update which provides insightful analysis and news from the VAT world. HMRC has announced that all changes to VAT registration details must be carried out online from 5 August 2024, and that form VAT 484 will be withdrawn from that date, except for those unable to access and use digital services. HMRC has launched a digital tool to help businesses estimate the consequences of registering for VAT.