The government is publishing a summary of responses to the call for evidence on the land and property VAT exemption that closed in August 2021. It sets out the government’s response, including improving guidance in this area of VAT and how the government will further engage with the sector on potential options for reform.
Source HMRC – Autumn 2021 – Tax administration and maintenance
Latest Posts in "United Kingdom"
- UK Implements EPR Scheme: Producers Pay Fees for Packaging Waste Management Starting 2025
- Rachel Reeves Considers VAT Adjustments Amid Budget Challenges Despite Labour’s Pledge
- Cayman Implements New Taxes on Imported Vehicles
- Tribunal Rules Nitrous Oxide Not Zero-Rated Food in Telamara VAT Case
- HMRC Updates VAT Notice 700/18: New Guidelines for Bad Debt Relief Claims
