Wrongdoings, Yachts, Online Service Events w/c 24 August 2009

HMRC issued R&C Brief 52/09 on 24 August 2009 which gives details of the new VAT and Excise Wrongdoings Penalty that is due to be implemented on 1 April 2010.

On 26 August 2009, HMRC issued R & C Brief 56/09 to clarify their position about the VAT issues relating to yacht chartering or leasing and non-business use.

Also on 26 August, HMRC announced the dates and locations of 5 VAT Online Service events to be held around the country to explain the introduction of online VAT returns from 2010.

Further details on all of these can be found on the HMRC newspage here http://www.hmrc.gov.uk/news/index.htm