Tag Archives: VAT

Tax & Boats: Greek Tonnage Tax

“Tax and boats” has always been a hot topic for me. So, the EU is considering dallying with the Greek tonnage tax ….. watch this space, tax fans! Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com Advertisements

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VAT Notice 702: imports

I have been asked about VAT Notice 702: imports. HMRC recommend that “this notice should be read by anyone importing goods into the UK from outside the fiscal (VAT) territory of the EU. You can find out the extent of … Continue reading

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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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VAT and affiliation fees for sports clubs – Notice 701/45

HMRC has given notice of the withdrawal of its extra statutory concession (ESC) on VAT and affiliation fees for sports clubs, currently published as paragraph 3.6.2 of VAT Notice 701/45. “A sport’s governing body, or similar umbrella organisation, often charges … Continue 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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