Vale & West Chartered Accountants Blog

Category Archives:VAT

HMRC shifting the “tax burden” onto UK consumers

Accounting experts have accused HMRC of shifting the “tax burden” onto UK consumers after finding that 21 per cent of their total income is accounted for by VAT. Read More

HMRC crackdown on online tax evasion in the UK

The Joint and Several Liability (JSL) notices, were introduced in 2016 to protect British businesses from being undercut by overseas sellers committing VAT evasion. Read More

Amount of VAT outstanding from UK businesses hits five-year high

HM Revenue & Customs (HMRC) is owed a record £3 billion in outstanding VAT payments by UK businesses, it has emerged. Read More

Making Tax Digital for VAT pilot launched by HMRC

HM Revenue & Customs (HMRC) has this week opened a pilot scheme for Making Tax Digital (MTD) for VAT – the first phase of the Government’s digital tax reporting overhaul. Read More

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