Proportion of deductible input VAT relating to mixed used buildings is generally determined based on an area based allocation formula. With judgment dated 7 May 2014 (V R 1/10), the Federal Fiscal ...

In 2021, businesses in the United States will face new VAT rules for selling to final consumers in Europe. While the changes are meant to help streamline the filing and collection of Value Added Tax ...

Dougie Todd, partner and co-head of VAT, HaysMac explores how rising HMRC scrutiny and changing VAT interpretations are creating new risks for property management businesses and the steps they can ...

Effective cash flow management is critical to running a successful business. However, many companies overlook this fundamental principle, focusing primarily on revenue under the assumption that ...

When have you made the right choice by deviating from a longstanding practice? This may be challenging but rewarding if guided by the right principles. Undeniably, this holds true in tax cases decided ...