Fraud in Customer Chain (Mecsek-Gabona Kft)
Mecsek-Gabona Kft (‘Mecsek’) was a Hungarian company that legitimately wholesaled various products, including seed. It sold rapeseed to an Italian company (Agro-Trade srl), who [...]
CTM Success in VAT Security Appeal
CTM has received an important written decision from the Tribunal in an appeal that we handled on behalf of a Mexican Restaurant. It relates [...]
How to win an MTIC Appeal
MTIC Investigations and Appeals You need to read this if HMRC have decided to deny your company the right to deduct input tax (VAT) [...]
De-registration of VAT numbers unlawful at times
HMRC de-register businesses for VAT for many reasons. The 2 main reasons are that the company is no longer making taxable supplies and that [...]
Repayment Supplement when HMRC repay VAT late
Few people know that HMRC must pay the taxpayer a 5% penalty for VAT repaid late, the 5% obviously relating to the amount of [...]
Tribunal’s Hands Tied in Certain Cases
In some appeals, mainly excise cases, the only option a Tribunal has is to tell HMRC that it believes the decision was wrong and [...]
MTIC Fraud News
We have noticed that the First-Tier Tax Tribunal has been become much more tolerant with traders in Missing Trader Intra Community (“MTIC”) appeals. An [...]
Research and Development
If you’re reading this, then you already know that successfully submitting R&D claims to HMRC have substantial tax and cash benefits. This short article [...]
Time to Pay Arrangements
A common request we receive from those that are struggling to meet the ongoing tax liability is “can we arrange time to pay?”. In [...]
VAT Security
HMRC have the power to issue a ‘Notice of Requirement to Give Security’, which, effectively, is a letter stating that you are a VAT [...]