JD Supra

UK Pensions: HMRC announcement creates opportunity to increase VAT recovery on pension investment costs

HMRC have announced a change to VAT policy to allow employers of defined benefit pension scheme to recover up to 100% of VAT on pension scheme investment costs. Employers and pension scheme trustees ...
Hosted on MSN

Small firms missing out on VAT rebates worth thousands due to HMRC fraud backlog

Small business owners are losing money because of a backlog of fraud cases at HMRC, The i Paper can reveal. Chas Brooke, the owner of an alpaca farm, has not been able to file his VAT return since ...
JD Supra

Winners and Losers: HMRC Revises Policy on VAT Treatment of Fees and Compensation for Early Termination of Contracts

HM Revenue and Customs (HMRC) now considers that charges made by businesses to their customers to withdraw early from agreements to supply goods or services are payments for a supply and potentially ...
Computer Weekly

HMRC IT systems crash as customers attempt to file tax returns

HM Revenue and Customs (HMRC) suffered IT problems with several of its online systems on Saturday, affecting customers attempting to file their tax returns by the 31 January deadline. The IT issues ...