E-cigarettes – do they attract the reduced rate of VAT?

It gets reported that ‘vaping’ has helped some three million smokers quit or reduce their smoking habits. Recent government research suggests it has saved the NHS billions of pounds. For some time it had been thought that e-cigarettes meet the definition as a smoking...

VAT and a reverse charge on construction services

As announced in the Autumn Budget of 2017, following consultation earlier in 2017, a domestic ‘reverse charge’ in respect of VAT on certain supplies will be introduced to tackle fraud in construction labour supply chains. This will be subject to a further round of...

VAT review announced for small businesses

Earlier this week The Office for Tax Simplification (OTS) published its review of VAT – the first of its kind since the introduction of VAT over forty years ago. The review will come before VAT is due to go digital in 2019, as part of HM Revenue & Customs’ (HMRC)...

VAT and customs duty developments

Trade and Customs white papers published The Government released white papers on its Trade and Customs policies last week. The main points are as follows: Whatever the future arrangements, the UK will leave the current EU Customs Union and there will be some form of...