27.07.2007

New rates of interest on corporation tax. Court of Appeal rules on SSP for agency workers. New VAT invoicing rules. Update on offshore disclosure. 

Our regular Business Alerts are designed to help you keep up-to-date with business news and legislation. They provide details of key changes, issues and opportunities and include our suggested actions and links to more information.

In our July 2007 Alert:

• Update on the offshore disclosure regime - it has emerged how the information disclosed will be handled.
• Theatres & VAT input tax - the Court of Appeal gives its verdict on the Mayflower case.
• VAT registration delays.
• New fuel rates introduced from 1 August 2007 for petrol, diesel and LPG.
• SSP - the Court of Appeal has ruled in the HMRC vs Thorn Baker case that agency workers on a contract of three months or less are not entitled to SSP.
• New VAT invoicing rules to be introduced from 1 October 2007.
• Individual pension arrangements - who is responsible for tax?
• HMRC publicise that some small pensions are not being correctly taxed.
• Tobacco sales - increased age limit (18) from 1 October 2007.
• You may have missed... increased interest rates for Corporation Tax from 16 July.

To download our July 2007 Alert click here.

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