HMRC maintains approach to VAT treatment of fund management

[ad_1] Following a consultation, the government has confirmed it will keep a list-based approach to the VAT exemption for management of funds. In December 2022, the government published a consultation on the VAT treatment of fund management services. The consultation proposed to ensure current UK policy is included in UK law. This would establish the […]

Long term approach required for occupational health policy

[ad_1] When devising healthcare policy, the government needs to take a holistic approach. This includes considering the trade-off between the cost of tax reliefs now with the reduction in spending in the future on healthcare and health-related social security benefits. ICAEW’s Tax Faculty expressed this view in its response ICAEW REP 103/23 to the HM Treasury/ […]

HMRC announces phased approach to CDS export migration

[ad_1] Most businesses will now have until 30 March 2024 to migrate from the customs handling of import and export freight (CHIEF) system. HMRC has announced a new phased approach for businesses moving their export declarations to the customs declaration service (CDS).   The deadline to migrate export declarations to CDS from the outgoing CHIEF system […]