The SNP’s election manifesto makes a commitment to ‘Strengthening of Scotland’s tax powers with the devolution of VAT’ (page 47). However, there’s little detail of what is meant by this statement. Does it mean accessing the full amount of VAT collected in Scotland directly, or does it mean full legislative powers to introduce a Scottish VAT Act, set VAT rates, collect taxes and enforce compliance?
Source RSM
Latest Posts in "United Kingdom"
- VAT Zero Rating Allowed for Disability Access Card Hired to Users: Nimbus v HMRC
- HMRC Issues New Guidance on VAT Treatment of Overage Payments in Property Sales
- VAT Zero Rating for Access Card: Nimbus v HMRC – Equipment for Disabled Persons Appeal Allowed
- HMRC Launches Initiate Payment API to Streamline Digital Payments and Reduce Compliance Burdens
- FTT Refuses HMRC’s Application to Strike Out PRB Trading’s Input VAT and Penalty Appeals
