VAT Club provides you with regular updates on current hot topics in the world of VAT and other indirect taxes, from Grant Thornton's specialist team. We focus on practical and commercial indirect tax issues, with content regularly driven by feedback from our clients.
In this quarter's general update, Indirect Tax Partner, Lorraine Parkin, covers three specific cases including an update on the BAA case impacting those businesses incurring VAT on transaction related costs. Also featured is the PPG Holdings case which affects those businesses that have funded pension schemes. Finally, a quick update on the European Commission’s proposals for a single VAT return and the implications for businesses.
Back to Basics
VAT Club: Back to basics: Appeal or not to appeal?
Mark Hampson, Indirect Tax Senior Manager explains what to do when appealing against HM Revenue & Customs. Should you accept HMRC’s VAT assessment and pay up or should you appeal? Watch the video to understand the key factors when responding.
VAT Club: International: Top five Customs tips
Ian Worth, Customs Senior Manager shares five top tips for businesses that import and export goods. Opportunities for savings and process efficiencies are outlined including the benefits of warehousing and Authorised Economic Operator authorisation.
VAT Club: Not for Profit: International charities
Debbie Jennings, Senior Indirect Tax Manager talks about the issues international charities face when they embark on overseas aid either in response to a natural disaster or as part of sustainable aid. She highlights where significant VAT savings can be made.
VAT Club: Land and property: Examples of VAT pitfalls to avoid
Louise Scholey, Senior Indirect Tax Manager considers VAT tax points and shares some examples of pitfalls to be avoided to ensure the right amount of VAT is paid at the right time.