The Chartered Institute of Taxation (CIOT) has challenged the case for introducing an online sales tax to fund new Business Rates reliefs. The Government itself suspects that these reliefs will lead to higher commercial rents, so benefiting landlords rather than retailers. In any event, it is disproportionate to introduce a whole new tax as a way of dealing with issues with an existing one.
Source: tax.org.uk
Latest Posts in "United Kingdom"
- Isle of Wight NHS Trust vs HMRC: VAT Exemption Dispute on Locum Medical Practitioners
- HMRC Guidance: How to correct VAT errors and make adjustments or claims (VAT Notice 700/45)
- Supreme Court Decision Mandates Prudential to Pay VAT on £9.3 Million Success Fees
- UK Supreme Court Rules on VAT Grouping and Time of Supply in Prudential Case
- High Court Rules in Favor of Hotelbeds UK on Input Tax Recovery Without VAT Invoices