VAT in the GCC: A post-Covid warning for tax professionals
September 02, 2020It’s just over two-and-a-half years since VAT was embraced by the early adopting countries in the Gulf Cooperation Council...
UK HMRC Announces Further VAT Cuts for Hospitality Sector
July 08, 2020Following a slew of recent rate changes to GB VAT, the Government has today announced a further temporary rate...
Amazon Tax, Knowledge Resource Centres and VAT Guides
April 02, 2020It seems Amazon has come under the tax spotlight in recent years. You may recall back in October 2018...
COVID-19 Calls for VAT Cuts
April 01, 2020Back on 20 March the UK’s Chancellor made a statement announcing the delay on payment of VAT returns between...
UK MTD for VAT digital links postponed to April 2021 due to COVID-19
March 31, 2020Below is an extract from the HMRC email being sent today: We understand that the impact of COVID-19 is...
US House of Representatives considers Wayfair’s impact on small businesses
March 16, 2020A hearing held on 3rd March 2020 considered the U.S. Supreme Court’s decision of South Dakota v. Wayfair, Inc. and how...
HMRC publishes its preliminary estimate of UK’s VAT Gap for 2018/2019
March 13, 2020The UK Government’s department responsible for the collection of taxes, has published its preliminary estimate of the VAT Gap...
Changes to UK VAT Reverse Charge procedure
March 12, 2020HMRC have recently updated the domestic reverse charge procedure, specifically, the reverse charge sales list (RCSL). Some VAT-registered businesses...
Could VAT Be on the up in Nigeria?
September 17, 2019As of 1st January 2020, it is likely that Nigeria will see an increase in the Value Added Tax...
KSA Zakat and Tax Board Updates: July 2019
July 25, 2019Thomas Vanhee is the Founding Partner at Aurifer, a boutique tax advisory firm established in Dubai, and respected author...