News for January, 2012

Lee Sharpe from TaxationWeb comments on the HMRC's announcement that it will waive penalties for any tax returns filed after 31 January provided they are submitted by midnight of 2 February.

Andrew Needham comments on recent VAT developments

 What happens when a business charges VAT in error but passes on the economic burden to its customers? Andrew Needham comments.

Julian Harris summarises selected recent decisions.

Sarah Laing rounds up the latest tax developments

 How far must a taxpayer go to substantiate the availability of tax relief? Mark McLaughlin comments on the evidence required when making a claim.

Mark McLaughlin discusses HMRC’s ‘presumption of continuity’ approach when dealing with self-employed taxpayers.

Judgment delivered by White Michael J on 16/11/11, [2011] IEHC 439
Statutory appeal – Financial Services Ombudsman – Central Bank Act 1942, as amended – fiduciary relationship – mortgagee and mortgagor – misrepresentation by silence – informal manner – without regard to legal form – dispute of fact – Consumer Protection Code 2012 – remit for review.

Last week, the European Commission adopted a proposal for a Council Regulation to amend Implementing Regulation (EU) No 282/2011. Following on from its Communication of 6 December 2011, the Commission called for a One-Stop Shop (OSS) regime for VAT on electronically delivered services.

The Law Reform Commission has recently published a Consultation Paper on Insurance Contracts and a Report on the Limitation of Actions.