The UK Government’s has made good on its promise to make a positive change to the application of Returned Goods Relief (RGR) for recreational craft resulting in many boat owners no longer becoming liable to pay VAT on the return of their boats to the UK.
Source: afloat.ie
Latest Posts in "United Kingdom"
- VAT Recovery Falls Despite Increased Crackdown on Business Tax Avoidance, HMRC Figures Show
- VAT Late Filing Penalties: Software Failure and Employee Error Not Reasonable Excuse, Appeal Dismissed
- Corrupt Directors Jailed for £20m VAT Fraud After Secret Meetings and Fake Offshore Schemes
- Input VAT Denied: Insufficient Evidence and Pre-Registration Supplies—SM Development North West Ltd Appeal Dismissed
- HMRC Cannot Deny Input VAT Recovery Where Valid Invoice Exists: Eurocent (Buckingham) Ltd v HMRC
