It was interesting to hear from HMRC representatives at the recent British Universities Finance Directors Group (BUFDG) Tax Conference that whilst they have employed over 15000 new tax specialists in the last 2-3 years there is the recognition that these new staff – trying to get to grips with the complexities of VAT across various, diverse sectors from Travel, Finance, Education and Property – have not always given the “correct” guidance.
Source: centurionvat.com
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