VAT return repayments: HMRC checks no longer bound by time restraints

HMRC can take as long as they want to check repayment returns
HMRC can take as long as they want to check repayment returns
girl with tablets

VAT changes for pharmacists

There is some welcome good news for high street pharmacists. Whilst the sector has suffered badly recently, the Government has

Sin bin

Customs Audits Penalty Risk Increases

Are you at risk? HMRC is paying particular attention to businesses which import and export now that the UK has

Miscalculation

VAT Experts’ “nonsense” goes to Tribunal

VAT officers did not understand their own export rules! In a recent Tax Tribunal hearing (First Tier Tribunal TC 08712,

VAT Reverse Charge for subcontractors

After implementation being put off twice due to Brexit and COVID-19, the much delayed VAT Reverse Charge for building and

Land Options; HMRC try to change the rules.

What is the status of the granting of an option to acquire land? And its surrender? The answer should be

Charity Advertising

HMRC backs down! Charities benefit from a number of VAT reliefs and the zero rate relief for charity advertising supplied

Preparing for brexit

Brexit is in the headlines again and it is clear that despite claims to the contrary it has not been

Zero rate for PPE

The government has announced that the VAT rate the sale of PPE (Personal Protective Equipment) such as masks, gloves, aprons

Covid19:VAT deferral update

HMRC issues clarification that the measures for deferring VAT payments due to be made in the period 20th March 2020-30th