Deregistering for VAT
When and how to begin the process of deregistration These days VAT thresholds are the subject of much speculation, with the Government concerned that many… Read More »Deregistering for VAT
When and how to begin the process of deregistration These days VAT thresholds are the subject of much speculation, with the Government concerned that many… Read More »Deregistering for VAT
Small businesses breathed a collective sigh of relief when chancellor Philip Hammond resisted calls to lower the VAT threshold in Autumn Budget 2017. The Office… Read More »Chancellor freezes VAT threshold until 2020
A guide to the VAT implications of having three entities involved in a transaction. VAT can get very complicated when there are three parties involved… Read More »VAT and three-party transactions
What could happen to VAT after the UK has left the European Union? On 23 June 2016, the British public voted in one of the… Read More »VAT after Brexit
This article looks at VAT for beginners including rates and schemes If you’re expecting your turnover to exceed £82,000 this year, then you’re probably having… Read More »An introduction to VAT
This guide looks at how the 3 main accounting schemes work and how they can help businesses. Special VAT accounting schemes for small businesses have… Read More »VAT accounting schemes
After last year’s controversies regarding VAT on such things as pasties, caravans, self-storage and listed buildings, this has been a fairly quiet year so far… Read More »Value added tax
HMRC first published advisory fuel rates in 2002, allowing businesses to reimburse employees for work related travel, or when employees are required to repay the… Read More »Company car advisory fuel rates and reclaiming VAT
From 1 April 2012 all VAT registered businesses will have to submit VAT returns online and pay and VAT due electronically too. From 1 April… Read More »Online VAT Filing
Christmas is fast approaching, and as the Christmas shopping rush begins, HMRC has issued guidance on the limits to buying abroad. Whether you are jetting… Read More »Christmas shopping abroad – know your limits