Monthly Archives: July 2013

Parliament Reports on Multinationals and Tax Avoidance

The House of  Lords Economic Affairs Committee has reported that there is a sense some multinationals can operate to treat UK tax as  voluntary. They noted the steady stream of stories about foreign-owned companies  clearly doing good business here but paying … Continue reading

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Which types of work / business structures are covered by CIS?

In my experience as a tax barrister, CIS (construction Industry Scheme) problems start even in identifying whether you are in a business to which the CIS applies. So to start with some clarification, the CIS can be applied to businesses … Continue reading

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VAT on Sun Cream

A high street retailer has called for a cut in the 20% VAT on its child sun cream. What struck me as a tax barrister was that the government is not totally able to move a particular product around between … Continue reading

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Broad Ramsay Principle and PAYE

The First Tier Tax Tribunal recently applied the broad Ramsey principle to strike down a PAYE avoidance scheme. The Tower Radio [2013] UKFTT 387 (TC) case involved bonuses paid through companies set up for the purpose then liquidated. The Tribunal … Continue reading

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Employers Recovering VAT Paid for Pension Funds

The European Court has ruled that employers are entitled to recover all of the VAT tax they pay for running a separate pension fund. In the Dutch case of PPG Holdings, C-26/12, on 18th July the Court decided that costs … Continue reading

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Bangladeshi Coal-Fired Power Projects get Tax Holiday

As a tax barrister I have advised on and been involved in green tax incentive schemes but today, tax fans, I bring news which is totally contra to the current Tax-Zeitgeist. Bangladesh has announced that it will offer new coal-fired … Continue reading

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VAT “Moss” and VAT Place of Supply Rules Changes

Tax barristers will be jumping with joy. HMRC has issued a consultation re EU level changes for VAT place of supply rules as well as VAT Mini One Stop Shop (MOSS) and I understand we will see amendments to UK … Continue reading

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