Weil Tax BLOG - Feed https://tax.weil.com/category/uk-tax/vat/ Views and developments from the Tax Department at Weil Tue, 14 Apr 2026 20:54:30 +0000 hourly 1 HMRC Publishes New VAT Guidance https://tax.weil.com/insights/hmrc-publishes-new-vat-guidance/ Mon, 14 Sep 2020 08:00:00 +0000 Stuart Pibworth Weil Tax Blog http://tax.weil.com/?p=1056 In early September 2020, HMRC updated its guidance on the VAT treatment of early termination fees, compensation payments and liquidated damages following recent decisions of the Court of Justice of the European Union (“CJEU”). Whether a payment is a supply for VAT purposes depends on whether anything is done in return for that payment; where

The post HMRC Publishes New VAT Guidance appeared first on Weil Tax BLOG.

]]> In early September 2020, HMRC updated its guidance on the VAT treatment of early termination fees, compensation payments and liquidated damages following recent decisions of the Court of Justice of the European Union (“CJEU”). Whether a payment is a supply for VAT purposes depends on whether anything is done in return for that payment; where

The post HMRC Publishes New VAT Guidance appeared first on Weil Tax BLOG.

]]> Mini-Budget 2020: Stamp Duty and VAT Announcements https://tax.weil.com/covid19-updates/mini-budget-2020-stamp-duty-and-vat-announcements/ Wed, 08 Jul 2020 15:43:00 +0000 Aron Joy Oliver Walker Ellie Marques Weil Tax Blog http://tax.weil.com/?p=994 The UK Chancellor announced a number of measures today (8 July 2020) to boost the economy in the wake of the coronavirus lockdown.  These included two tax cuts to VAT and stamp duty in an attempt to get the hospitality and housing sectors “bustling again”. VAT will be cut from 20% to 5% for the

The post Mini-Budget 2020: Stamp Duty and VAT Announcements appeared first on Weil Tax BLOG.

]]> The UK Chancellor announced a number of measures today (8 July 2020) to boost the economy in the wake of the coronavirus lockdown.  These included two tax cuts to VAT and stamp duty in an attempt to get the hospitality and housing sectors “bustling again”. VAT will be cut from 20% to 5% for the

The post Mini-Budget 2020: Stamp Duty and VAT Announcements appeared first on Weil Tax BLOG.

]]> Summer in the City: Draft UK Tax Legislation Published on 6 July 2018 https://tax.weil.com/uk-tax/corporation-tax/summer-in-the-city-draft-uk-tax-legislation-published-on-6-july-2018/ Fri, 13 Jul 2018 14:03:06 +0000 Stuart Pibworth http://tax.weil.com/?p=499 On 6 July 2018 the UK government published draft legislation expected to form the Finance Bill 2019 (the “Draft Legislation”), together with accompanying explanatory notes, tax information and impact notes and other ancillary documentation.  Publishing the Draft Legislation in the Summer, months before the introduction of the next Finance Bill, forms part of the Government’s

The post Summer in the City: Draft UK Tax Legislation Published on 6 July 2018 appeared first on Weil Tax BLOG.

]]> On 6 July 2018 the UK government published draft legislation expected to form the Finance Bill 2019 (the “Draft Legislation”), together with accompanying explanatory notes, tax information and impact notes and other ancillary documentation.  Publishing the Draft Legislation in the Summer, months before the introduction of the next Finance Bill, forms part of the Government’s

The post Summer in the City: Draft UK Tax Legislation Published on 6 July 2018 appeared first on Weil Tax BLOG.

]]> Spring Statement 2018 https://tax.weil.com/uk-tax/budget-highlights-from-uk-fiscal-events/spring-statement-2018/ Wed, 14 Mar 2018 14:08:05 +0000 Oliver Walker http://tax.weil.com/?p=491 The 2018 Spring Statement took place on Tuesday 13 March 2018 and, as promised, did not contain any significant tax announcements.  However, the Government did take the opportunity to announce a number of consultations and calls for evidence. At his first Autumn Statement in 2016, the Chancellor announced that it would also be his last,

The post Spring Statement 2018 appeared first on Weil Tax BLOG.

]]> The 2018 Spring Statement took place on Tuesday 13 March 2018 and, as promised, did not contain any significant tax announcements.  However, the Government did take the opportunity to announce a number of consultations and calls for evidence. At his first Autumn Statement in 2016, the Chancellor announced that it would also be his last,

The post Spring Statement 2018 appeared first on Weil Tax BLOG.

]]> UK Tax Update: It’s Not All About Brexit! https://tax.weil.com/uk-tax/straight-to-the-point/uk-tax-update-its-not-all-about-brexit/ Mon, 15 Aug 2016 12:46:14 +0000 Oliver Walker http://tax.weil.com/?p=464 There has rightly been a great deal of attention paid to the UK’s decision to leave the EU and what that may mean from a business (including tax) perspective. However, until the UK comes closer to leaving the EU (which is unlikely to be for at least two more years) Brexit is not expected to

The post UK Tax Update: It’s Not All About Brexit! appeared first on Weil Tax BLOG.

]]> There has rightly been a great deal of attention paid to the UK’s decision to leave the EU and what that may mean from a business (including tax) perspective. However, until the UK comes closer to leaving the EU (which is unlikely to be for at least two more years) Brexit is not expected to

The post UK Tax Update: It’s Not All About Brexit! appeared first on Weil Tax BLOG.

]]> Overpaid Tax: Another Win for Compound Interest https://tax.weil.com/uk-tax/straight-to-the-point/overpaid-tax-another-win-for-compound-interest/ Tue, 28 Jul 2015 13:09:57 +0000 Oliver Walker http://tax.weil.com/?p=454 Dismissing in its entirety an appeal brought by HM Revenue & Customs (HMRC), the Court of Appeal has confirmed that, in certain circumstances, EU law entitles taxpayers to claim compound interest on tax overpaid by mistake (Littlewoods Limited and others v The Commissioners for Her Majesty’s Revenue and Customs [2015] EWCA Civ 515). In the

The post Overpaid Tax: Another Win for Compound Interest appeared first on Weil Tax BLOG.

]]> Dismissing in its entirety an appeal brought by HM Revenue & Customs (HMRC), the Court of Appeal has confirmed that, in certain circumstances, EU law entitles taxpayers to claim compound interest on tax overpaid by mistake (Littlewoods Limited and others v The Commissioners for Her Majesty’s Revenue and Customs [2015] EWCA Civ 515). In the

The post Overpaid Tax: Another Win for Compound Interest appeared first on Weil Tax BLOG.

]]> VAT and the Taxable Person: A New Identity Crisis https://tax.weil.com/uk-tax/straight-to-the-point/vat-and-the-taxable-person-a-new-identity-crisis/ Mon, 05 Jan 2015 13:19:26 +0000 Oliver Walker http://tax.weil.com/?p=447 If tax is a foreign country, then VAT is a foreign country in a parallel universe where everything needs to be translated: transactions become “supplies”, and taxpayers become “taxable persons”. Of course, if it were simply a case of labels, no one would worry. Read more.

The post VAT and the Taxable Person: A New Identity Crisis appeared first on Weil Tax BLOG.

]]> If tax is a foreign country, then VAT is a foreign country in a parallel universe where everything needs to be translated: transactions become “supplies”, and taxpayers become “taxable persons”. Of course, if it were simply a case of labels, no one would worry. Read more.

The post VAT and the Taxable Person: A New Identity Crisis appeared first on Weil Tax BLOG.

]]> Overpaid Tax: Claiming for Compound Interest https://tax.weil.com/uk-tax/straight-to-the-point/overpaid-tax-claiming-for-compound-interest/ Thu, 01 May 2014 13:35:28 +0000 Oliver Walker http://tax.weil.com/?p=443 Following a long-awaited decision by the High Court, taxpayers can now, in certain circumstances, claim compound interest on tax overpaid by mistake (Littlewoods Retail Limited and others v The Commissioners for Her Majesty’s Revenue and Customs [2014] EWHC 868 (Ch)). The court also held that, where compound interest is payable in connection with overpaid VAT,

The post Overpaid Tax: Claiming for Compound Interest appeared first on Weil Tax BLOG.

]]> Following a long-awaited decision by the High Court, taxpayers can now, in certain circumstances, claim compound interest on tax overpaid by mistake (Littlewoods Retail Limited and others v The Commissioners for Her Majesty’s Revenue and Customs [2014] EWHC 868 (Ch)). The court also held that, where compound interest is payable in connection with overpaid VAT,

The post Overpaid Tax: Claiming for Compound Interest appeared first on Weil Tax BLOG.

]]>