Insights

Tim Martin of Wetherspoons has been campaigning for years for the VAT to be reduced in respect of hospitality and shortly after…

There has been a lot of speculation over recent weeks regarding the contents of Rishi Sunak’s summer budget. We all anticipated changes…

The VAT payment holiday which was announced in Rishi Sunak’s speech on 20 March 2020 will be ending on 30 June 2020.…

Some important VAT changes planned for the construction industry have been further delayed as a result of the impact of Covid-19. This…

On 20 March 2020, the Chancellor announced additional measures to help businesses and the self-employed impacted by COVID-19. This update outlines in…

The start date for the first VAT returns to be submitted through Making Tax Digital was on 1 April 2019. Now, many…

There are potentially some significant new VAT implications for business owners on the horizon as a result of Brexit and the situation…

An important aspect of tax planning for construction projects is identifying whether the project can be zero rated for VAT purposes. This…

    In recent weeks HMRC has written specifically to furniture retailers and car repair businesses across the UK, requesting verification of…

Offering an ‘early bird’ price discount in return for prompt payment is a common sales tactic used across industry in for example,…

In December, we blogged about the new VAT rules and implications for small business owners. Now, any UK business selling digital services…

Starting from January 1st 2015, all businesses who sell digital services (which are defined as telecommunication, broadcasting and electronically supplied services for…

Now as the tax year draws to a close, it is a good time to ensure that you have considered all the…

There have been a number of developments and potential rebate opportunities relevant for VAT registered businesses recently. Firstly, let’s start with the…

Carousel fraud hit the news headlines again last month after the directors of one British company were convicted for faking £1.7m worth…