Construction industry scheme
Upcoming changes for reverse charge VAT Few sectors have such an impact in the UK as the construction industry. It not only provides the fabric… Read More »Construction industry scheme
Upcoming changes for reverse charge VAT Few sectors have such an impact in the UK as the construction industry. It not only provides the fabric… Read More »Construction industry scheme
MTD zero-hour is here The moment has come: if your business has a taxable turnover above the VAT-registration threshold, which is currently £85,000, you’re now… Read More »Registering for Making Tax Digital 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
Obligations from 1 April 2019 onwards Although the Making Tax Digital (MTD) regime has suffered several setbacks and delays, MTD for VAT remains on course… Read More »Making Tax Digital for VAT-registered businesses
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
The income tax system as we have known it for the last 20 years is about to change dramatically. From April 2018 businesses whose turnover… Read More »Making Tax Digital
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