Family holiday home
Gifts with reservation of benefit dilemma.
I refer to the ‘Benefit or bother’ article in Taxation, 1 October, relating to gifts with reservation of benefit (GWROB).
A...
HMRC has concluded its review of the correct treatment for deductions of import VAT paid by taxable persons that are not the owners of the relevant goods. It has confirmed that the policy outlined in...
The government’s job support
scheme will be expanded to support businesses required to shut as a result of
coronavirus restrictions, the chancellor has confirmed.Under the expansion, firms
whose...
The Treasury committee is asking the government to provide the cost benefit analysis behind the decisions
to end the VAT retail export scheme and restrict duty-free purchases, other
than for alcohol...