Keyword: VAT Returns
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Married couple’s business splitting for VAT purposes
22 October 2019Two separate businesses run by a husband and wife have been investigated to find out whether they are, in fact, one business that is liable […]
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VAT: reverse charge for construction services
18 July 2019Are you CIS and VAT registered? If so, read on… From 1st October, the government is introducing the “VAT Domestic Reverse Charge” (also known simply […]
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Some common issues with VAT registration
28 May 2019The following AccountingWeb article looks how to deal with some practical challenges that can arise with VAT registration, using very clear examples to illustrate the […]
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VAT, Brexit and where you’ll stand
28 May 2019The government’s approach to VAT, customs and excise in the post-Brexit landscape is set out in a new white paper, along with a contingency scenario […]
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A proposal to slash the VAT threshold scares many small businesses
28 May 2019One million small businesses face being brought into VAT if the government accepts VAT reform recommendations laid out by the Office of Tax Simplification (OTS). […]
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Autumn Budget – Tax Briefing
28 May 2019Diesel bad, electric goodish The benefit of having a company car is taxed as a percentage of the vehicle’s list price when new. For 2018-19 […]
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VAT, Making Tax Digital (MTD) and fraud
28 May 2019VAT Registration The UK’s VAT registration threshold is the highest in the EU at £85,000; some people argue that it holds back growth as businesses […]
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VAT risks associated with family trading
28 May 2019An interesting case highlights how VAT accounting can became confused when various closely linked but separate businesses trade from the same building, swap goods and […]
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VAT changes to HMRC’s view of zero-rated buildings
28 May 2019HMRC has changed its criteria for deciding whether construction services should be zero-rated. Below is an overview of the new rules. As with any complex […]