TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

HMRC Briefs

HMRC issued a number of Briefs (05 to 17) in the past month.

HMRC Brief 05/07

This Brief contains 4 articles: 1. Determining if your forex transactions are supplies for VAT purposes. 2. How your input tax recovery will be affected. 3. Wider application in respect of transactions in other financial instruments. 4. Further information. The Brief has been reproduced at Section 2.10.

HMRC Brief 06/07

This Brief has 1 article: VAT: changes to the exemption for medical services from 1 May 2007. The Brief has been reproduced at Section 2.11.

HMRC Brief 07/07

This Brief contains 1 article: VAT – Cash bingo: accounting for VAT on participation and session fees. The Brief has been reproduced at Section 2.12.

HMRC Brief 08/07

This Brief gives details of an article concerning: VAT: Manufacturers cash back payments. The Brief has been reproduced at Section 2.13.

HMRC Brief 09/07

This Brief gives details of an article concerning Remote

Gaming. The Brief has been reproduced at Section 2.14.

HMRC Brief 10/07

This Brief gives details of an article concerning: VAT: liability of private tuition. The Brief has been reproduced at Section 2.15.

HMRC Brief 11/07

This Brief gives details of an article concerning: VAT schemes for luxury yachts. The Brief has been reproduced at Section 2.16.

HMRC Brief 12/07

This Brief gives details of an article concerning: VAT: changes to the cash accounting scheme.

The Brief has been reproduced at Section 2.17.

HMRC Brief 13/07

This Brief gives details of an article concerning: VAT: Fuel Scale Charge; new CO2 basis. The Brief has been reproduced at Section 2.18.

HMRC Brief 14/07

This Brief gives details of an article concerning: VAT: Changes to the rules on bad debt relief for goods supplied on credit terms. The Brief has been reproduced at Section 2.19.

HMRC Brief 15/07

This Brief provides an update on filing PAYE in-year forms online. It also outlines the internal changes HMRC will be introducing from April 2007. The Brief has been reproduced at Section 2.20.

HMRC Brief 16/07

This Brief gives details of an article concerning: Registered dealers in controlled oils: Public Notice 192. The Brief has been reproduced at Section 2.21.

HMRC Brief 17/07

This Brief clarifies that Statement of Practice SP 13/91 was withdrawn with effect from 6 April 2006 as notified in EIM 15170. The Brief has been reproduced at Section 2.22.