JP Morgan Chase loses Upper Chamber VAT appeal over single v multiple intra VAT group supplies The Upper Tax Tribunal has dismissed on 16 June 2025 an appeal by JP Morgan Chase Bank NA, confirming HMRC’s position on the VAT liability of intra-group services within
UK avoids reduction in 2% Digital Services Tax to secure lower tariff quotas The UK government avoided an anticipated reduction or withdrawal of its £800 million Digital Services Tax (DST) to win a limited trade deal with Trump administration on 8 May. Instead, the two
UK Treasury & HMRC consult on VAT relief for Business Donations The UK HM Treasury and HM Revenue and Customs (HMRC) have launched a public consultation on introducing a new VAT relief aimed at encouraging business donations to charities. The proposed relief would apply to goods
Review of 2021 liabilities on goods sold by overseas sellers to UK consumers via marketplaces On 28 April 2025, the UK’s HMRC announced plans to review the January 2021 marketplace liabilities for import consignments not exceeding £135. These rules made the UK facilitating marketplace liable
UK Ministers intervened on HMRC lan to impose VAT on UK Investment Funds The UK government is considering halting HM Revenue & Customs’ (HMRC) proposal to impose VAT on investment fund management, following strong opposition from City leaders. HMRC had sought to remove a long-standing
UK tax court rules hair loss transplants are not VAT exempt medical treatments First-Tier Tribunal rules hair transplants for androgenetic alopecia are subject to VAT at the 20% standard rate, and may not benefit from the medical treatment exemption. The Tribunal reviewed ten use cases,
Up to £900m in VAT compliance costs saved in MTD digital filings On 27 February 2025, the UK’s HMRC published an estimate of the cost savings and wider benefits from its rollout of digital VAT filing initiative, Making Tax Digital for VAT. VATCalc’s VAT Filer
HMRC generative Artificial Intelligence chatbot Beta with help on VAT and other tax questions The UK tax authorities, HMRC, are advancing its generative AI chatbot, GOV.UK Chat, to support users in accessing information on business rules and support, including taxation. Initially tested by 1,000 users,
