Tag: VAT

HMRC expected to drop appeal against decision to return £1bn+ in unfairly taken taxes

HMRC vat not going to appeal
Revenue & Customs are currently finalising their next Business Brief in which they are expected to confirm that they will not be appealing against the Upper Tribunal’s decision in favour of Rank and Done Bros.

Slasberg sets Harris’ record straight

Barry Slasberg HMRC VAT Carolyn Harris
A choicely-worded letter by Northamptonshire working men’s club veteran Barry Slasberg to APPG head Carolyn Harris has called time on her denouncement on a VAT decision which could prove a lifeline to an industry in distress.

Campaign to cut Vat on tourism books a trip to Parliament

Brighton deckchairs vat tourism hospitality
Caroline Lucas MP wants VAT cut and a year long financial package to resuscitate UK tourism and the hospitality sector. It’s a tax reduction call with a long track record, but in a post-Coronavirus world, the case has never been as strong.

Harris undermines her credibility with ill-advised comments on VAT appeal ruling

Carolyn Harris
With small gambling businesses on the brink of bankruptcy throughout the country, mean-spirited APPG head Carolyn Harris MP has bemoaned a court ruling which could see them reclaim more than a billion pounds in VAT - monies that should never have been taken in the first place. Is this latest example of an ill-informed Harris..

Countering Coronavirus: The trade body way

Parliament sunset trade association members coronavirus
It’s been a busy time for trade associations who have been keeping their members updated and represented on the Coronavirus. Bacta has been tackling the issues with energy, the body’s latest update to the industry outlines a measure of its current activity over just a few days this week.

One billion plus at stake: Latest VAT ruling opens the door for closure on tax position on gaming machines

oyal Courts of Justice HMRC VAT
The dust will never settle long on the battle between HMRC and the gaming industry over VAT due on S16/21 and S31/34 machines from twenty years ago.

Rank steadies the ship with government aid and Linneweber victory funds

Rank Group Mecca Bingo HMRC VAT
A new statement from the Rank Group has praised “tremendous” government relief efforts, which the company says have proved invaluable in shoring up the company through tough times.

HMRC lose VAT appeal on tax exemption on gaming machines

HMRC Tax
Wednesday was not a good day at the office for an already pressurised HMRC, as the ghost of tax exemption on machines came back to haunt the taxman.

VAT campaigner retires, but the fight goes on

Kingsley Park WMC Barry Slasberg
Barry Slasberg has spent years challenging HMRC to repay VAT to his working men’s club. But he’s been swiped aside by a taxman, armed only with legally..

Trade bodies called to arms or called to task over the Kingsley Park WMC Vat case?

Kingsley Park WMC Barry Slasberg
A letter has arrived at the offices of CORCA and the WMCIU this week asking for their support in drawing HM Customs and Excise into what is the very lonely

Ulster still on VAT backfoot against Republic, say observers

Ulster, VAT, tax, politics, ireland
A budgetary increase in VAT paid by the hospitality sector in the Republic of Ireland still leaves Northern Irish counterparts at a pronounced competitive disadvantage, claim industry campaigners. As of 2019, VAT paid on hospitality services in the Republic will rise from 9 per cent to 13.5 per cent - but across the border the UK government continues to enforce...

Edinburgh tourism tax plan challenged

Edinburgh
A plan to tax tourists visiting Edinburgh that was previously announced by a council leader has been summarily dismissed by Scotland’s tourism secretary. Adam McVey, SNP leader of Edinburgh council, had said that a city-wide tourism levy was “ready for implementation” next year, a claim that has now been refuted by the national government’s Fiona Hyslop. She commented on Twitter: “So...

Tourism VAT cut would be “revenue neutral” by third year

Coinslot HM Treasury
While the industry would benefit immediately, the Treasury would only have to wait three years to start seeing a profit from cutting tourism VAT, according to the Cut Tourism VAT campaign that wants to see the 20 percent figure slashed to five percent. A cut to the VAT charged on tourism related products would be revenue neutral by the third...

UK roundup: Yorkshire coastlines, tourism, and British pubs

Coinslot tourism BHA
Concerns raised over coastal BID Concerns have been raised over a business improvement district designed to help boost the east Yorkshire coastline. Later this year more than 1,700 tourism businesses will go to ballot over the project but some in the industry have voiced worry about the impact of paying another levy on top of business rates. Industry awaits NI tourism...

More than 100 MPs back early day motion to save British pubs

Pubs
Over 100 MPs have backed an early day motion calling on the UK Government to reduce the tax burden on British pubs. With 18 pubs across the country closing each week, MPs have rallied their support for a motion tabled by chair of the All-Party Parliamentary Save the Pub Group, Tony Perkins MP, to alleviate taxation on the great British...

With renewed sovereignty comes renewed opportunity to reduce Tourism VAT

apd tourism
Looking at the UK’s potential to exercise renewed sovereignty once untied from EU regulation, CEO of BALPPA Paul Kelly identifies a wider range of options for Tourism VAT reduction as a new opportunity in post-Brexit Britain. Now the government has to grasp it.   Britain will have a wider scope on reducing Tourism VAT following Brexit’s completion,with the country set to...

Ireland agrees to retain low tourism VAT rate

Coinslot - Ireland VAT
The Republic of Ireland’s legislators have decided to make their temporary nine percent tourism VAT permanent.   The tourism trade in the Republic of Ireland are rejoicing at the news that fears their ‘special’ nine percent VAT rate would be scrapped in the 2018 budget are no longer founded. State officials have now come to an agreement that the lower tax rate,...

Tourism VAT rise under review as Ireland prepares for Brexit

ireland tourism
The future of the Irish tourism industry post-Brexit has once more been brought to fore. Whilst a state tourism body has stepped in to alleviate fears, moves to increase tourism VAT has served to do the opposite.   Legislators in Ireland are planning to increase certain tax values in fear that Brexit will cost them considerable amounts of money. Ireland are...

Lower tourism VAT in the UK, government urged

Coinslot - Tourism VAT UK
With a high VAT regime, British tourist destinations have suffered from competition elsewhere in Europe. But as visitor numbers rise thanks to a weakened pound, MPs are urging the government to keep up the momentum by cutting tourism VAT.   Two MPs are urging the government to lower tourism VAT to boost the number of visitors coming to the UK. Ross Thomson,...

BHA calls for tourism VAT reduction ahead of election

Coinslot - VAT tourism BHA
Ahead of the 2017 general election, the British Hospitality Association calls on all political parties to commit to make hospitality and tourism a strategic priority, setting out a raft of recommendations on which it wishes the new government to act.   Develop evidence-based immigration targets It is vital that the new immigration system which will be introduced after the UK leaves the...

Court overturns reduced VAT on holiday park fuel supplies

Coinslot - fuel
A holiday park operator trading as British Holidays, Haven, and Butlins may have to pay increased fuel charges through its rental packages following a ruling in the Court of Appeal.   The long-running argument between HMRC and Colaingrove, which operates 37 holiday parks across the UK, was decided in the former’s favour, ending a period of reduced VAT on caravan- rental...

Media Watch: Backing the right horse

Coinslot Media Watch Carousel Horses
Should we be cutting tourism VAT, supporting the pinball industry or banning all chess players? These questions and more are asked (if not answered) in this week’s look at the world’s media. In the Mail on Sunday last week, city editor Simon Watkins is arguing that Britain must do more to back its tourist trade: “The leisure sector has been...

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