De-registration of VAT numbers unlawful at times
HMRC de-register businesses for VAT for many reasons. The 2 main reasons are that the company is no longer making taxable supplies and that they [...]
Repayment Supplement when HMRC repay VAT late
Few people know that HMRC must pay the taxpayer a 5% penalty for VAT repaid late, the 5% obviously relating to the amount of VAT [...]
Tribunal’s Hands Tied in Certain Cases
In some appeals, mainly excise cases, the only option a Tribunal has is to tell HMRC that it believes the decision was wrong and that [...]
MTIC Fraud News
We have noticed that the First-Tier Tax Tribunal has been become much more tolerant with traders in Missing Trader Intra Community (“MTIC”) appeals. An MTIC [...]