HMRC has updated the PDV application. All PDV users are advised to download and install the new version of the PDV to ensure that they can view the latest versions of the relevant notices.

By way of reminder, the PDV is an application provided by HMRC that allows an employer to view, search and sort online PAYE tax codes, notifications and reminders.

Revenue & Customs Brief 18/13

The above Brief updates taxpayers and their advisors on the recent decision of the European Court (CJEU) in Paul Newey (trading as Ocean Finance), case C-653/11 and deals with VAT avoidance using offshore entities.

As a result of the case it remains HMRC's view that economic and commercial reality must be considered and that contractual relationships do not necessarily determine VAT issues.

Readers should note that this does not mean the end of the matter in this particular case, the case had been referred to the CJEU from the Upper Tribunal on the basis of specific questions. Originally the First Tier Tribunal had allowed Mr Newey's appeal subsequent to which HMRC appealed to the Upper Tribunal. It is now for the Upper Tribunal to decide the case in light of the CJEU judgement.

This case as brought before the CJEU is summarised in this issue of tax.point on here.