Iain Blakeley

Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable

VAT policy

12 GST thoughts of Christmas

12 GST thoughts of Christmas: 1. There's no GSTĀ on gifts (so Santa is probably not GST registered). 2. GSTĀ registered businesses can claim back the GST on gifts they buy for staff, suppliers and customers. 3. If you buy someone a gift voucher for Christmas it's quite...

VAT global expansion continues

Suriname is the latest country to announce an intention to replace a turnover tax with VAT. The new tax is expected to apply from 2014 and basic food items are likely to be zero rated. The policy and tax administration arguments for VAT are pretty compelling. Also,...

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