Bolt wins appeal to use Tour Operators Margin Scheme to lower VAT charge A UK’s Upper Tribunal has 24 March 2025 rejected HMRC’s appeal to block ride sharer Bolt from using TOMS. The case centred on whether Bolt’s app-based services, where it acts as principal
UK to reduce or withdraw 2% Digital Services Tax to avoid Trump administration reciprocal tariffs The UK government is reviewing its £800 million Digital Services Tax (DST) as it seeks to persuade the Trump administration not to impose new tariffs on the UK. Ministers have
UK Ministers intervened on HMRC lan to impose VAT on UK Investment Funds The UK government is considering halting HM Revenue & Customs’ (HMRC) proposal to impose VAT on investment fund management, following strong opposition from City leaders. HMRC had sought to remove a long-standing
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,
Up to £900m in VAT compliance costs saved in MTD digital filings On 27 February 2025, the UK’s HMRC published an estimate of the cost savings and wider benefits from its rollout of digital VAT filing initiative, Making Tax Digital for VAT. VATCalc’s VAT Filer
UK launches 13 Feb 2025 a 12-week consultation on e-invoicing & digital reporting; Proposal by Nov 2025 A combined UK HMRC and Department for Business & Trade has launched on 13 February a public consultation on standardising or even mandating B2G and B2B e-invoicing. The
HMRC generative Artificial Intelligence chatbot Beta with help on VAT and other tax questions The UK tax authorities, HMRC, are advancing its generative AI chatbot, GOV.UK Chat, to support users in accessing information on business rules and support, including taxation. Initially tested by 1,000 users,
HMRC updates obligations for platform operators with regards their sellers VAT activities The UK’s HMRC is updating use of data from digital platform operators in the UK of their sellers activities. This will come into effect in November 2024. The changes will enable HMRC to
Budget confirms 20% VAT on private education and boarding services from 1 January 2025 Anti-forestalling provisions to prevent advance payment VAT avoidance from 29 July 2024 The new UK Chancellor, Rachel Reeves, has confirmed in her Autumn Budget on 30 October 2024 that the government
