VAT

HM Revenue & Customs (HMRC) has added a further ten alleged tax dodgers to its ‘most wanted' list, as the department faced criticism for so far apprehending only one of 20 original fugitives.

HM Revenue & Customs (HMRC) is losing 60% of appeals against its VAT decisions because it is under pressure from the Treasury to take a more aggressive approach, according to a law firm.

Her Majesty's Revenue & Customs (HMRC) has upheld the VAT exemption on discretionary fund manager transaction fees.

Advisers setting up group personal pensions (GPPs) must add VAT to the charges they levy on employers, HM Revenue and Customs (HMRC) has confirmed.

A barrister who failed to pass on his VAT to HM Revenue and Customs (HMRC) has been jailed for tax fraud.

The National Association of Pension Funds (NAPF) and Wheels Common Investment Fund (WCIF) have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit pension schemes.

VAT-ABLE?

A barrister who failed to pay more than £600,000 in value added tax (VAT) that he instead spent on luxury homes has been convicted for tax fraud.

HM Revenue & Customs (HMRC) is to publish further guidance on whether discretionary fund managers should be eligible for VAT payments.

The Personal Finance Society's paper on VAT and Adviser Charging contains a "significant error" and must be "urgently revised", warns a pension expert.