Tag Archives: tax

EU Court rules in favour of UK farmers

Good news for UK farmers who have been incorrectly removed from the agricultural flat-rate scheme (ARFS) and may be entitled to a VAT repayment or compensation, explained neatly here on the FarmingUK website. https://www.farminguk.com/news/European-VAT-Court-rules-in-favour-of-UK-farmers_47688.html Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.comContinue reading

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Tax-Deductible Professional Bodies and Societies

An updated list of professional bodies, and learned societies, whose subscriptions HMRC has approved for tax deduction has been published. But for tax deduction the subscription has to be necessary or helpful to a taxpayer doing their work and paid … Continue reading

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Ireland and Brexit

The Central Statistical Office (CSO) in Ireland has published a paper “Brexit: Ireland and the UK in numbers”. A special concern for Ireland is the impact on customs duties, VAT and other tax revenues and what happens to the free-movement … Continue reading

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Disagreeing with an HMRC Tax Decision

HMRC have updated their guidance leaflet, HMRC1, on what to do if you disagree with one of their tax decisions. Both indirect taxes like VAT and direct such as income or inheritance tax. It is a handy initial guide outlining … Continue reading

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Government of, By and For the People

The cataclysmic events of 2016, and their likely impact on tax, set me in mind of a passage from Lincoln’s address given after the historic battle of Gettysburg. A turning point in the American Civil War, which was fought to … Continue reading

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Possible Devolved Tax Powers for Wales

The Welsh Assembly is to receive further tax devolution powers. As well as it own Welsh land transaction tax from April 2018 by 2019 it will also have certain powers to adjust income tax rates from 2019. Very fair to … Continue reading

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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

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