Monthly Archives: October 2016

EU Commission Plans for 2017 – Tax & Brexit a Threat

Last week the European Commission published its work programme for 2017 “Delivering a Europe that protects, empowers and defends” SWD(2016) 400. The Commission lists the UK Brexit referendum as an “uncertainty” and then goes on to refer to it as … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , , , | Leave a comment

Skewed Tax on Rented Property Drives up Rents

Reports are coming in that the governments skewed tax increase on some, but not all, buy-to-let landlords has driven up rents for tenants. The problem is that the Cameron government denied tax deductions for certain costs for, mainly, private individual … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , | Leave a comment

Tax Implications of Tribunal Finding Uber Employs Drivers

The London Employment Tribunal finding in a test case that Uber divers are its employees, not so-called partners or supposed contractors, has huge tax implications. As well recognising that the drivers have worker’s rights in law, eg holidays and sick … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , , , , , , , , , , | Leave a comment

Breach of Taxpayer Confidentiality by HMRC

The Supreme Court in London held this week that HMRC broke their statutory and common law duty of confidentiality when spinning a tax story to the press. They had a duty under the Commissioners for Revenue & Customs Act 2005 … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , | Leave a comment

EU Problems Ratifying Canadian Trade Deal and Brexit

The EU’s long ratification process of its tax-free trade deal with Canada, known as CETA, hit another problem recently. A regional parliament within Belgium rejected the deal and under Belgian law, unless resolved, that blocks Belgium ratifying CETA. That in … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , , , , , , , | Leave a comment

Unilever Tries Marmite-Gate in Ireland (Staying Inside EU)

Unilever tried Marmite-Gate with Tescos in the UK recently. The story was that, supposedly because of Brexit and currency changes, the supplier wanted to increase prices to the supermarket for thing likes Marmite, which is made inside the UK and … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , , , | Leave a comment

Changes to VAT on Insurance Repair Services

A VAT loophole was closed on 1st October which had previously allowed insurance companies providing a repair under an insurance contract to divert VAT outside of the UK. The VAT (Place of Supply of Services: Exemptions etc) Order 2016/726 amended … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , , , , | Leave a comment