Tax News

• Tax-News.com: ECJ Rules Against UK's VAT Rules For Commodities Trading May 28, 2020
  The European Court of Justice (ECJ) on May 14, 2020, ruled against UK value-added tax rule changes for commodities trading.
• Tax-News.com: COVID-19: UK Extends Deadlines For Input On Tax Reforms May 15, 2020
  The UK tax agency has extended various deadlines for responses to consultations and for other work on tax reform, in light of COVID-19.
• Tax-News.com: UK Digital Tax Guidance Needed On Scope, Liability: CIOT May 1, 2020
  The Chartered Institute of Taxation has called on the UK Government to clarify questions remaining about the UK's Digital Services Tax, which became effective this month.
• Tax-News.com: OECD Releases Cross-Border Int'l Tax Guidance On COVID-19 Issues April 15, 2020
  The OECD has released guidance for national policymakers on the impact of COVID-19 on the treatment of cross-border workers and the interpretation of international tax treaty rules.
• Tax-News.com: COVID-19: UK Delays Expansion Of Making Tax Digital For VAT April 15, 2020
  The UK Government has announced that it will delay ramping up its Making Tax Digital project, in light of COVID-19.
• Tax-News.com: UK's IR35 Reforms Delayed For One Year March 30, 2020
  The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak.
• Tax-News.com: UK Announces Plastics Tax, Business Rates Relief In 2020 Budget March 17, 2020
  The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications.
• Tax-News.com: Brexit Negotiations To Begin This Month March 3, 2020
  The European Council has authorized the opening of negotiations for a new partnership with the UK, and mandated the Commission to act as the EU's negotiator.
• Tax-News.com: UK Should Keep A Closer Eye On Tax Breaks: NAO Report February 20, 2020
  The UK's National Audit Office has called for a more comprehensive review of the 1,190 tax relief measures available for taxpayers, which are estimated to have cost the UK revenues worth GBP155bn (USD201.7bn) in 2018-19.
• Tax-News.com: European Parliament Seeks Aligned EU-UK Rules February 20, 2020
  Members of the European Parliament want the EU and UK to reach an ambitious new free trade agreement, but have stressed that there must be a "level playing field."