HMRC can’t yet have its VAT cake and eat it Marshmallow Dispute Returned to U.K. Lower Court further review The long-running VAT dispute over Mega Marshmallows is heading back to the First-Tier Tribunal (Tax Chamber) (FTT) after the U.K. Court of Appeal ruled on March 21,
UK tax court rules hair loss transplants are not VAT exempt medical treatments First-Tier Tribunal rules hair transplants for androgenetic alopecia are subject to VAT at the 20% standard rate, and may not benefit from the medical treatment exemption. The Tribunal reviewed ten use cases,
1 January 2027 UK CBAM levy on imports of carbon intensive goods Following a summer consultation, the UK government confirmed the introduction of carbon border adjustment mechanism (CBAM) from January 2027. CBAM will be a levy on certain carbon-heavy goods being imported into the country.
2025 no change to EU – Northern Ireland Intrastat thresholds The UK’s HMRC has confirmed that there will be no change to the EU – Northern Ireland (NI) Intrastat reporting threshold. The 2024 current arrivals and dispatches exemption, and delivery terms thresholds will be carried
Scheduled 1 January 2025 UK-EU customs checks delayed again The UK government is to delay for a seventh time some meat, dairy and plant product customs EU import checks. These were scheduled to come into effect on 1 January 2025 but are now likely to
Appeal against Prudential VAT group ruling that VAT due if payment made after member leaves UK VAT Group The UK Supreme Court is to permit Prudential to appeal the March 2024 Court of Appeal ruling that VAT is due on payments once a party has
Update: Shadow Chancellor has denied plans to raise VAT if Labour wins upcoming election Following acquisitions last night from the governing Tory party of a VAT rise plan, the opposition Shadow Chancellor, Rachel Reeve, has denied any such increase in the event of Labour winning
VAT and excise law still interpretated in line with EU VAT law HMRC has confirmed that UK VAT and excise legislation should continue to be interrupted as EU law three years after Brexit (UK left the EU VAT union on 1 January 2021). But the
Marketplaces alerted on VAT obligations of Non-established taxable persons (NETP) The UK’s HMRC is working with marketplaces to identify foreign e-commerce traders which have established virtual UK companies in an attempt to avoid VAT registration obligations. It is estimated over 10,000 businesses are being approached
