Tag Archives: customs

UK Imports and Exports

HMRC has published the latest UK trade statistics, for October 2016. Two direct quotes speak volumes: “For many years Germany has been our largest trading import partner by value. The USA has been the dominant trading partner for exports for … Continue reading

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

Brexit and Tax

The anti-democratic campaign against Brexit contunues with more spin on the tax position. With every other country in the world having free access to the EU’s single market, ie able to sell things to the EU, the latest project fear … Continue reading

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

Brexit Deal and European Commissioner’s Offensive Remarks

The EU Commission is increasingly taking an illiberal and antagonistic attitude to democratic changes and the world in general. Although deplorable they do set an outline for a possible Brexit deal. For example, the European Commissioner for the Digital Economy … 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

Updated HMRC Notice 3001 on Customs Procedures under Union Code

HMRC have issue an updated version of their “Notice 3001: Customs Special Procedures for the Union Customs Code” for tax and duties on imports and exports. Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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

Customs Tariff for Computers and Software

To help with classifying computers and software for import or export HMRC have published a guide on this area, chapters 84 and 85 of the Tariff. The guide gives hints and tips on classification, e.g. HMRC’s view on a computer … Continue reading

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

VAT and Boats – Zero-rating Passenger Transport

An issue that often crops up with zero-rating passenger transport in a boat, vehicle or aircraft for 10 or more people is how that is determined. VAT Act 1994 schedule 8 group 8 item 4 speaks about something that has … Continue reading

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