Tolley's Value Added Tax 2011-12 (First & Second Edition)

The most authoritative reference source available on VAT, Tolley’s Value Added Tax provides in-depth coverage of UK and EC legislation, HMRC material, relevant case law and tribunals decisions.

Tolley’s Value Added Tax guide includes comprehensive sections on how to calculate VAT, how to claim it back, what goods and services are exempt or zero-rated and VAT registration of businesses.

The first edition of Tolley's Value Added Tax covers:

• Finance (No 3) Act 2010 covering: supplies of gas, heat or cooling; supplies of aircraft; postal services; and future penalties for failure to submit return/pay tax. Also, legislation to bring non-business transactions within the scope of the capital goods scheme, and restricting the scope for Lennartz accounting
• Increase in standard VAT rate from 17.5% to 20% with effect from 4 January 2011, along with provisions (including anti-avoidance measures) covering transactions spanning the date of change
• Ongoing changes to the rules relating to the place of supply of services, which determine who is liable to account for VAT, and introduction of requirement to submit EU sales statements for services
• HMRC’s revised stance on recovering VAT incurred on entertaining overseas customers, in the light of joined case Danfoss and Astra Zeneca (ECJ Case C–371/07)
• Revised notices, including Notice 725 The single market and Notice 701/10 Zero-rating of books, etc

Key benefits of Tolley's Value Added Tax 2011-12:

• Accurate – written by the highly qualified Tolley’s tax team, Tolley’s Tax Annuals have been relied upon by practitioners since 1916 and are endorsed by the ATT
• Comprehensive but concise – the most comprehensive tax handbooks on the market, Tolley’s Value Added Tax cover everything you need to know. They include the impact of tax cases, changes in HMRC guidance, relevant statutory instruments, and all Finance Act changes
• Easy to use – their A-Z format makes research quick and easy. Tolley’s Value Added Tax guide also contain tables of cases, statutes and statutory instruments
• Clear and precise – They translate complex provisions into plain English, including detailed comparisons of UK and European VAT
• Practical – Tolleys Value Added Tax Guide includes worked examples and case studies that help clarify difficult issues and demonstrate how to interpret and apply the tax legislation in particular situations
• Added value – by interpreting tax legislation in the right way, you can help your clients to manage their tax exposure and tax planning properly, saving them money and building your professional reputation and client relationships

The set includes the April and September editions.

“They are an essential guide to any tax practitioner and I would not be without them. I tried another provider alongside Tolley’s for one year but it was considerably inferior for what we needed as a practice.”
Joy Granat, Holden Granat LLP

“I have always found the tax annuals to be comprehensive and informative, often saving you time by pointing you in the right direction of a solution to a particular problem.”
Mark Mitchell, Thomson Cooper

“They usually enable us to quickly answer client queries on more complex areas of practice. The broad range enables us to be proactive in responding to our clients' range of requirements.”
Anton Lane, Specialist Tax Solutions Limited

“Gives me confidence that I am up to date and that I am able to look up/research whatever I need.”
Gabrielle Dell, McNamara Ryan

“I order them every year and have encouraged our other five offices to do the same.”
Lisa-Jane Howes, Wilkin Chapman

"I am very familiar with the format, having used these annuals for over 20 years, and am very comfortable with the presentation and ease of use.”
Geoffrey H Walker, Digital Technology International