Spring 2009 Newsletter
Content
Oh for a little hindsight
Can't pay, won't pay?
Shock in Essex
Car tax
You signed it
Don't be late
Age before beauty?
IHT and falling prices
More paper
Shopping around
Less paper
PAYE or not PAYE...
Flat rate scheme
A change of heart
There are limits
Do your duty
Free lunch
VAT a mess
Dissatisfaction guaranteed
Don't believe it!
Too late
Tax on tick
£100 note
Temp reminder
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More paper
HMRC have issued a warning - almost an apology - about a new VAT reporting rule that is expected to come in on 1 January 2010. For years anyone selling goods to business customers in other member states has had to file a Sales List - a report of all despatches, complete with the foreign VAT registration numbers of the customers. Now this is being extended to supplies of services to business customers abroad. It's all part of the EU's crackdown on carousel fraud, which is still losing us all a great deal of money into the pockets of criminals.
If you supply services to foreign customers, and treat those services as non-VATable, you will need to watch out for this new requirement. We will be happy to advise you.
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