New Year: New Penalty Regime! Happy new year. I hope you managed to have some sort of break over the holiday period. This is a special edition of VATwatch, devoted entirely to the new VAT penalty system which applies to...

 Uber Settles VAT DisputeUber has settled their VAT dispute with HMRC, paying £615m to settle all outstanding VAT claims. Uber had attempted to claim that VAT should only be paid on the commission they received from drivers, rather than on the...