Articles about Vat

Amazon Kindle 2

Top Euro court ends mega ebook VAT slash in France, Luxembourg

Your Kindle purchases are about to get dearer following a decision by the European Court of Justice (ECJ) that France and Luxembourg can no longer charge a reduced rate of VAT for ebooks. Both France and Luxembourg set reduced rates of value-added tax for ebooks in 2012, and the European Commission took issue with this, hence …
Jennifer Baker, 06 Mar 2015
eBay

Crackdown on eBay sellers 'failing to display' VAT numbers

Blighty's Trading Standards has reported more than 200 non-EU sellers to eBay for failing to display VAT numbers – a figure thought to "barely scratch the surface" of traders breaching the rules, El Reg can reveal. Under e-commerce regulations, a VAT number must be easily, directly and permanently accessible. As an intermediary …
Kat Hall, 02 Feb 2015
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Brit iPad sellers feel the pain of VAT-free imports

A number of iPad sellers based outside the UK are selling cut-price fondleslabs in Blighty after seemingly bypassing UK VAT payments, a Register analysis can reveal. Under UK tax law, sellers have to declare 20 per cent VAT. But El Reg has discovered a number of sellers do not have listed VAT numbers and are selling iPads at a …
Kat Hall, 02 Jan 2015
The European flag

EU VAT law could kill THOUSANDS of online businesses

New EU tax rules that come into force on 1 January could kill thousands of mini and micro online businesses. The new VAT rules have been on the cards for six years and are ostensibly aimed at preventing big companies (yes, we mean you, Amazon, Apple and Starbucks) from claiming that all their European profit is made in …
Jennifer Baker, 17 Dec 2014
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VAT's all folks: Telecoms and services tax to be set at consumer's homeland rate

VAT relating to cross-border business-to-consumer transactions will be charged at the rate in the country where the customer is based, rather than that of the supplier, under new EU rules to take effect in 2015. Explanatory notes on new VAT rules for telecoms, broadcasting and electronic services have been published by the …
OUT-LAW.COM, 08 Apr 2014

Whitehall at war: Govt’s webocrats trash vital digital VAT site

Special Report Open warfare has broken out in Whitehall after the Government’s own much-hyped in-house IT team, GDS, publicly trashed a new VAT service vital to small digital businesses. The Register understands the service works well - but didn’t use GDS and was failed for meeting its taste guidelines. This week the Government Digital Service …
Andrew Orlowski, 05 Dec 2014

Not app-y with VAT: Apple bumps up prices in Blighty, Europe, Canada

Updated Apple is enjoying a super-soaraway January: its App Store has cleared nearly half a billion dollars in sales in just the first seven days of the month, we are told. New Year’s Day set the record for the largest number of App Store sales in a 24-hour period, and Apple reports sales in 2014 were up 50 per cent on the previous year …
Iain Thomson, 08 Jan 2015
channel_teaser_money_top

3 Brits banged up for £300k VAT scam

Three men have been jailed for setting up nine totally fictional firms so that they could get away with £300,000 in a VAT scam. The men set up bogus companies including a clothes manufacturer, a publishing house and a software engineering company and then submitted VAT repayment claims for the businesses, the HMRC said today. …

First HSBC, now the ENTIRE PUBLIC SECTOR dodges tax

Exclusive The public sector is committing millions of pounds of tax fraud by incorrectly claiming money back on IT services which are not VAT recoverable. Under VAT rules, government bodies can claim back 20 per cent of the price of IT services that are managed by a large provider, as well as bespoke custom-made software. Money spent on …
Kat Hall, 17 Feb 2015
CLion logo

JetBrains releases CLion - new cross-platform IDE for C/C++ users

Developer tools company JetBrains has released CLion, a new cross-platform IDE for C and C++. JetBrains is a survivor in a product area dominated either by vendor-specific tools (such as Microsoft’s Visual Studio and Apple's Xcode) or free open source projects (Eclipse and NetBeans). The core JetBrains product, IntelliJ IDEA, …
Tim Anderson, 17 Apr 2015
The Register breaking news

Virgin Media gets VAT refund from HMRC

Virgin Media has received a refund of £81.5m from HM Revenues and Customs (HMRC) covering VAT payments. The telco said in a short statement that its current contingent liability had been reduced to £23.6m. Virgin Media didn't reveal any further details about the arrangement. In the company's last quarter ended 31 March this …
Kelly Fiveash, 07 Jun 2011
The Register breaking news

Ebooks must stay fat with VAT, blame the EU, MPs told

When it comes to applying VAT to ebooks, the UK government remains bound by EU law, the Exchequer Secretary to the Treasury told MPs yesterday. In October 2010 HM Revenue & Customs described the process of supplying "text by electronic transmission" via the internet - such as Amazon flogging ebooks on its Kindle Store - as …
Team Register, 13 Dec 2011
Lord of the Rings: Extended Edition Blu-ray

High Court asked to keep 'cheap DVD' VAT loophole open

The English High Court will tomorrow begin an investigation to determine whether online retailers should be allowed to avoid paying VAT on CDs, DVDs and Blu-ray Discs. The judicial review, demanded by the Governments of Jersey and Guernsey, follows Chancellor George Osborne's decision to close the Low Value Consignment Relief ( …
Tony Smith, 12 Mar 2012

HMRC dishes out tax rewards to GOV.UK... for inking deals with MEGABUCKS SIs

Departments using large system integrators are eligible for VAT refunds from their IT, while those purchasing off-the-shelf "cloud" services will be entitled to nada, according to the latest draft HMRC guidance. The guidance appears to directly contradict moves by the Cabinet Office to get departments to buy cheap, standardised …
Kat Hall, 13 Nov 2014
Map showing track of the flight from the UK to Europe

EC probe into murky cross border e-commerce kicks off

The EU’s executive arm has officially launched its probe into the e-commerce sector to find out why Europeans aren’t buying across national borders much. The eCommerce investigation, which was announced in March, aims to identify and stamp out regulatory barriers to crossborder e-commerce. Over the next few weeks, the Commission …
Jennifer Baker, 06 May 2015
The Register breaking news

Government flies kite for VAT changes

The Coalition Government seems to be serious about changing VAT rules which currently allow big retailers to dispatch items via the Channel Islands in order to avoid paying the tax. The exemption was designed to protect Guernsey's flower growers but has been exploited by the likes of Tesco and Amazon who can undercut prices for …
John Oates, 03 Mar 2011
Photo From <a target="_blank" href="http://www.shutterstock.com/pic-232507384/stock-photo-christmas-holiday-happy-girl-friends-looking-at-something-on-digital-touch-screen-tablet-pc.html?src=9mJhlJ8bDz_0JV9eZNUpyQ-1-34">Shutterstock</a>

UK retailers in TABLET PRICE SLASH BONANZA

Bad news for the big man in red - if Santa left a tablet under your tree he probably paid too much, as a massive glut of fondlesome devices has seen prices tumbling. You can buy tablets for under £30, but for just over that (including shipping) you can get a 7” Quad Core device, and Amazon is now chock-a-block with cheap tablets …
Simon Rockman, 30 Dec 2014

El Reg lays claws on RockBLOCK Mk2 Iridium sat comms unit

Heads up Our chums at Rock Seven – supplier of Iridium satellite comms units to our audacious spaceplane ballocket mission – have announced the release of the RockBLOCK Mk2. The RockBLOCK MK2 In common with its predecessor, the new kit can "send messages of 340 bytes and receive messages of 270 bytes using Iridium Short Burst Data (SBD …
Lester Haines, 31 Mar 2015
The Register breaking news

Sony UK fuels Christmas cheer with VAT back promo

Sony UK is running a VAT back promo with most of the UK's consumer electronics retailers in the Christmas run-up. In other words you claim a 17.5 per cent discount on a bunch of gadgets bought between 28 October and 24 December. You have until 31 January to claim the cash back from Sony. The scheme includes "all 3D televisions …
Hard Reg, 27 Oct 2010
The Register breaking news

Tesco axes VAT from laptops

Tesco is knocking the VAT off a stack of notebooks and netbooks in a bid to get downturn-dashed Britons buying again. The deal will see prices in stores and online reduced by 20 per cent, effectively removing the impact of the new, higher VAT rate. A case in point: Samsung's Galaxy Tab, which Tesco was selling for £449, will …
Tony Smith, 26 Jan 2011
homeless man with sign

UK.gov moves to close VAT loophole on etailers

The UK government is planning to close the loophole in tax law that was allowing online retailers to funnel goods through the Channel Islands and thereby evade import VAT. The Exchequer Secretary to the Treasury David Gauke told the Commons yesterday that there would be further reforms to the relief from import VAT known as Low …
homeless man with sign

Channel VAT loophole shrunk, not shut

Budget '11 George Osborne is cutting the value of goods which can be sold without VAT, but he is not ending the system which allows retailers with warehouses in the Channel Islands to ship goods VAT-free to the UK. The tax hole has seen the likes of Amazon, Tesco and Play.com shift warehouses to the islands in order to sell mail-order DVDs …
John Oates, 23 Mar 2011
channel

Small biz calls for end date on enhanced 17.5% VAT

Small business lobbyists are calling on Chancellor George Osborne to review the 2.5 per cent hike in VAT once the UK budget deficit is back under control. From today the top rate of VAT goes up to 20 per cent. Retail analysts have warned that the real impact of this is likely to be price rises of between five and eight per cent …
John Oates, 04 Jan 2011
The Register breaking news

Woman with 15 IDs gets 7 years for multiple VAT fraud

A Bristol woman has been jailed for using a complex web of 15 different identities and companies to defraud the Revenue out of £118,000. 48-year-old Alison Reynolds was jailed for seven years yesterday for VAT fraud and police offences. Reynolds was found guilty of four charges of cheating the Public Revenue, one charge of using …
John Oates, 06 May 2011
The rather phallic tracks of the balloons seen on spacenear.us

EU Digital Single Market plan: We will compromise fast, and compromise early

The European Commission has finally unveiled its big Digital Single Market Strategy (DSM). Despite leak after leak over recent weeks, Digi Commissioners Andrus “The Robot” Ansip and Gunther H-dot Oettinger took to the podium together (for the first time) with due pomp and ceremony on Wednesday. But what they presented was a …
Jennifer Baker, 06 May 2015
fingers pointing at man

Osborne urged to end islands VAT-holiday by small-biz group

Chancellor George Osborne should end the right of companies to import low-value items VAT-free from the Channel Islands and do something to reduce petrol and diesel prices, says a small-biz body. Ahead of Wednesday's Budget various runners and riders are jostling for attention. The Forum of Private Business said it was time to …
John Oates, 21 Mar 2011
For Sale sign detail

VAT fraudster gets 9 years for refusing £40m bill

Emmanuel Hening, already serving the longest sentence ever secured against a VAT-fraudster, has seen another nine years added onto his sentence. A court last week added to his 15-year sentence because he has failed to repay £40m demanded by Her Majesty's Revenue and Customs. Vat fraudster Henning Hening, who has dual French- …
John Oates, 22 Nov 2010

Malcolm Turnbull proposes taxing Google and Facebook ads

Australia's Communications minister Malcolm Turnbull has his eye on the revenues collected by multinational online ad platforms like Google. Apparently raising a white flag on the government stopping multinationals from shipping profits offshore to avoid tax, Turnbull has floated the idea of levying Australia's goods and …
Gold Plate My BlackBerry Passport

Friends, Canadians, countrymen: Would you buy a GOLD PLATED BlackBerry Passport?

Review A couple of weeks ago, BlackBerry released a limited edition series of Passport phones plated with 24 karat gold. Priced at $999, the run was limited to just 50, each one numbered. To which you well ask, "Why?" Gold Plate My BlackBerry Passport Missed out on BlackBerry's own special edition? Goldgenie makes the case for …
Andrew Orlowski, 28 Jan 2015
BlackBerry Leap

BlackBerry Leap: Touching biz users with a budget(ish) device

Review The Leap is the first full-touch device BlackBerry has released in 18 months, and only the third to be released in developed markets. It’s also the cheapest, with the BlackBerry UK store listing it at £199 including VAT. BlackBerry Leap Fleeting gesture: BlackBerry Leap So at first glance, the Leap promises to be a 2015 …
Andrew Orlowski, 28 Apr 2015
RAF Chinook throws up dust cloud. Pic: MoD under Open Government Licence

Hold on to your hats people, the MoD's found the cloud

The Ministry of Defence has inked the single largest Microsoft Enterprise Agreement across the public sector, designed to gradually shift users to the cloud, specifically Office 365. The EA was tendered under Lot 2 of the Technology Products agreement, a framework that kicked off in November last year, and Comparex beat …
Paul Kunert, 20 May 2015

Labour has a pop at the government over missed GDS targets

In a pre-election pop at the coalition, Labour has slammed Cabinet Office minister Francis Maude for the Government Digital Service's failure to meet even half of its digital targets for online services. The GDS budget increased from £9.7m in 2011/12 to £23.3m in 2013/14, with spend on IT specialists rising to £7.9m over the …
Kat Hall, 27 Mar 2015
amazon_SM

Amazon intros early VAT cut

The government’s VAT cut doesn’t take effect until Monday, but one online retailer just couldn’t wait and has already introduced it. Amazon has created a promotional code called “LOWERVAT” that’ll give you a reduced rate of VAT instead of the full 17.5 per cent. Presumably Amazon’s decided to take a small financial hit on each …
James Sherwood, 26 Nov 2008
The Register breaking news

ECJ ruling puts VAT on salary sacrifice schemes

Drugs giant Astra Zeneca should pay VAT on retail vouchers given to staff that form part of a salary sacrifice scheme, the European Court of Justice (ECJ) has said. The ruling could derail some similar schemes. Salary sacrifice schemes operate by allowing employees to receive vouchers or benefits instead of part of their salary …
OUT-LAW.COM, 19 Aug 2010
HTC One M9 Android smartphone

Record smartphones sales, but feature phones far from dead

The first quarter of 2015 saw global smartphone sales set a new record of $96 billion, with the most desirable elements being big screens and 4G. The stats come from market analysis firm GfK, which compiles figures for the top handset manufacturers — so while it's happy to trumpet the good numbers, any questions about who sold …
Simon Rockman, 15 May 2015
LG Display solar e-book viewer

E-book readers attract unwanted VAT

Many of those finding e-book readers under their Christmas tree have been surprised to discover that electronic titles attract value added tax, despite the dead-tree versions being VAT-free. As the UK VAT rate returns to its pre-recession level of 17.5 per cent, owners of e-book readers are finding out that they have to pay it …
Bill Ray, 14 Jan 2010
Bitcoins

Your Bitcoins aren't money – but it is barter, so we'll tax it, ta ... says Australia's taxman

The Australian Taxation Office (ATO) has issued its official assessment of Bitcoin and other crypto-currencies – and decided it isn't money but can be taxed. The ATO's note says BTC is “neither money nor a foreign currency” and that “transacting with Bitcoins is akin to a barter arrangement”. Australia taxes formal barter …
Simon Sharwood, 21 Aug 2014
Panasonic Toughbook CF-54

Think you’re hard? Check out the frozen Panasonic CF-54 Toughbook

Pics Thinner, lighter, harder. Pick any two right? Not according to the flacks from Panasonic who reckon the new CF-54 Toughbook is all three and more. In fact, they are suggesting that the CF-54 is the first semi-rugged laptop you may just want to splash out for, even if you are just a regular consumer. Albeit one with deep pockets …
Alun Taylor, 13 Feb 2015
School kids

What do teenagers love doing? That's right: Staying up all night ... debugging

Sauce vat GitHub has bundled together a set of free and low-cost programming tools and resources for teenagers. The website said its Student Developer Pack is for aspiring developers aged 13 and up. "There's no substitute for hands-on experience, but for most students, real world tools can be cost prohibitive," GitHub said in …
Shaun Nichols, 07 Oct 2014
channel

EC to amend VAT Directive

The European Commission has proposed (pdf) a series of measures, including changes to the VAT Directive, to prevent and detect VAT fraud. The Commission today adopted a Communication (pdf) presenting a short-term action plan with a list of future legislative measures to enhance the capacity of tax administrations to prevent or …
OUT-LAW.COM, 02 Dec 2008

GDS: We might miss our digi-goal. Quick, MAKE IT BIGGER

The government has admitted it will fall significantly short of its original target to make 25 digital services live by March - a goal it had given itself four years to reach. So far the Government Digital Service (GDS) has made a total of just eight digital services live, a figure it has indicated may not increase by the March …
Kat Hall, 19 Jan 2015
fingers pointing at man

Channel Islands VAT loophole shut, petrol prices cut

Budget '11 Osborne said he was accepting Lord Hutton's pension recommendations as the basis for future discussion to reform complex rules and taxation. Personal tax and duties: Gift Aid will be made easier – charities will be able to file online. People will be able to hand over works of art in exchange for tax rebates. There will be …
John Oates, 23 Mar 2011
cloud

Five jailed for £140m VAT scam

Five men have been jailed for their roles in a huge missing-trader fraud which netted £140m. The men were sentenced to 37 and a half years in prison in total. HMRC said the five were motivated by pure greed. They were convicted of various counts of cheating the Revenue contrary to Common Law. Andrew Hart (40) of Cricklewood, …
John Oates, 24 Mar 2011
Downing Street road sign

Must diarise: UK.gov Verify ID system will 'definitely' work by 2016

The government insists it will meet its 2016 deadline for all digital services to be underpinned by its gaffe-prone identity assurance system, GOV.UK Verify – despite having failed to move off the increasingly vulnerable Gateway system. By March 2016 the Government Digital Service intends all departments to have integrated …
Kat Hall, 09 Dec 2014
Paul Winchell and dummy

O2 notifies data cops 'for courtesy' ... AFTER El Reg intervenes in email phish dustup

O2 has denied that it's suffered a serious data breach after customers began receiving sophisticated phishing emails that appeared to have been sent by the mobile operator late last month. It was claimed by subscribers that the body of the email included their name, email address, and date of birth. The dodgy messages about VAT …
Kelly Fiveash, 04 Feb 2015

Peep peep! All aboard the £300m UK education IT procurement express

The clock is ticking for tech suppliers wanting to grab a seat on the soon-to-be refreshed UK "ICT Services for Education" framework gravy train, estimated to be worth up to £300m over four years. A contract notice was placed by Crown Commercial Services on the Official Journal of the European Union at the weekend, indicating …
Paul Kunert, 28 Oct 2014
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Hefty porridge for £300m VAT ring

Five members of a missing trader fraud gang have received sentences of up to four and a half years for a £17m scam based around mobile phones, HMRC revealed yesterday. The gang nobbled the revenue in a "complicated" fraud centred on mobile phones, SIM cards, memory and other mobile phone accessories. HMRC said paperwork …
Joe Fay, 03 Dec 2010

UK.gov shuns IT support tower model. Now what the hell do we do?

Escaping the clutches of the big evil system integrators has long been part of the government's IT rhetoric. Yet confusion reigns as to what the strategy actually is now that previous "disaggregation" plans have been torn up – and those contracts are about to expire. Outsourcing overall might be on the rise across the public …
Kat Hall, 24 Feb 2015
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VAT Directive to change to end carousel fraud

The European Commission wants to amend the VAT Directive to help eradicate a kind of international VAT fraud that is estimated to have cost the UK exchequer up to £2 billion a year. Carousel fraud is a form of what is known as Missing Trader Intra-Community (MTIC) fraud, though the terms are sometimes used interchangeably. MTIC …
OUT-LAW.COM, 30 Sep 2009
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UK extends VAT crackdown as EU OKs cut-rate cobblers

The EU has given the green light to the UK to extend its reverse charge VAT scheme aimed at cracking down on carousel fraud. The two year extension to the UK's efforts to claw back VAT on alleged dodgy mobile phone and computer chip deals came at a meeting of European finance ministers that also OK'd a raft of VAT changes to …
Joe Fay, 11 Mar 2009