Indirect Taxes

 


The Labour Party have published their general election manifesto, which includes plans for higher corporation tax, income tax increases for those earning more than £80,000 and taxing capital gains and dividends at income tax rates with a single allowance.

The Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT) respond to the call for evidence on simplification of partial exemption and the Capital Goods Scheme.

The CIOT comments sent to HMRC on VAT reverse charge for building and construction services.

Following the recent consultation period (as reported in June’s Technical Newsdesk, The Value Added Tax (Reduced Rate) (Energy-Saving Materials) Order 2019 was laid on 21 May and comes into effect on 1 October 2019.

This order narrows the scope of the UK’s reduced rate of VAT for installations of energy-saving materials in residential accommodation, with effect from 1 October. There will be two changes that will impact on UK consumers

Our regular update of tax and customs-related developments in secondary legislation.

The CIOT comments sent to HMT on the consultation Plastic packaging tax.

A delegated legislation committee considered three statutory instruments that will be needed in the event of a ‘no deal’ Brexit:

The CIOT comments sent to HMRC on Draft legislation: VAT (Reduced Rate) (Energy-Saving Materials) Order 2019.

The CIOT response to the technical consultation on Amendment to VAT Regulation 38: Statutory Instrument