Tax evasion fears as HMRC drastically scales back checks on eBay and Amazon sellers

Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more

Tax evasion fears as HMRC drastically scales back checks on eBay and Amazon sellers

Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more

How can I check if I’ve been charged VAT twice and is this due to Brexit?

I bought items online shipped from Holland and think I’ve been charged VAT twice: How can I check and is this due to Brexit? Brexit means there could be further charges for consumers  It can be confusing for customers to work out what fees are which  We reveal the new rules and what you should … Read more

Brexit: Boss of English shoemakers Tricker’s says red tape will cost firm an extra £100,000 a year

The boss of a 192-year-old luxury shoemaker says Brexit red tape will cost the firm an extra £100,000 a year on exports to Europe.  Tricker’s managing director Martin Mason said invoices are mounting from parcel firms that ship the English company’s heavy £450 brogue shoes and boots to EU customers. Though a last-gasp trade deal between … Read more

Fresh calls for government to scrap VAT on electric cars or increase grants to boost sales

Ministers should consider abolishing VAT on electric vehicles (EV) or increase the incentives currently available to buy them, a market report has said. The RAC’s annual report on motoring found that electric car demand is marginally higher than a year ago, with fewer than one in ten drivers polled saying their next car will be … Read more

Treasury says it has ‘no plans’ to lower VAT on energy bills

Treasury says it has ‘no plans’ to lower VAT on energy bills, despite promises to scrap the tax after Brexit By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 22:05 GMT, 16 January 2021 The Treasury has said it has ‘no plans’ to lower VAT on energy bills, despite … Read more

EastEnders actress Jessie Wallace’s firm ‘owes £40,000 in unpaid tax’

EastEnders actress Jessie Wallace’s firm ‘owes £40,000 in unpaid tax as the company is fully wound up’, documents show Thatcher Promotions Limited was placed into voluntary liquidation in 2015 Report shows it owed £69,614 to the HMRC in unpaid corporation tax and VAT Wallace is listed as the director of Thatcher Promotions Limited by government By Faith … Read more

Price hike fears for Uber and Airbnb customers amid reports Rishi Sunak is planning to impose VAT

Price hike fears for Uber and Airbnb customers amid reports Rishi Sunak is planning to impose VAT in a multi-billion-pound tax raid Sunak considering toughening up VAT rules on ‘sharing economy’ businesses Many have grown rapidly in recent years to become hugely successful Treasury is examining ways it could levy VAT on these transactions  By Matt … Read more

Fears over duty-free jobs disaster when Britain ends VAT refunds for foreign visitors to UK shops

MPs have demanded the Government reveal how hard the UK economy will be hit when duty free shopping for foreign tourists is scrapped next month. Chancellor Rishi Sunak will end VAT refunds for international visitors to British shops from January 1, even as the high street is fighting for its survival after the Covid-19 crisis. … Read more

Fears over duty-free jobs disaster when Britain ends VAT refunds for foreign visitors to UK shops

MPs have demanded the Government reveal how hard the UK economy will be hit when duty free shopping for foreign tourists is scrapped next month. Chancellor Rishi Sunak will end VAT refunds for international visitors to British shops from January 1, even as the high street is fighting for its survival after the Covid-19 crisis. … Read more