Category Archive: VAT

Quiet commutes, distracted workers or more revenue – What do the school summer holidays mean for your business?

Even if you do not have children, you will be aware that the schools have broken up for the summer holidays.

Read More

HMRC launches consultation for mandatory Direct Debit VAT and PAYE payments

HMRC is currently consulting on proposals that could make Direct Debit the mandatory payment method for VAT and PAYE liabilities – a move that would affect millions of UK businesses.

Read More

Great British Summer Savings Scheme: What the headlines miss

When Rachel Reeves announced a temporary reduction of VAT from 20 per cent to five per cent for family attractions and children’s dining over the school summer holidays, the response from the hospitality and leisure sectors was generally warm.

Read More

Changing your VAT details? Remain vigilant over latest fraud activity

HM Revenue & Customs (HMRC) has issued a warning to businesses over fraudulent attempts to access VAT repayments via postal form VAT484.

Read More

Understanding VAT for limited companies and unincorporated businesses

For both limited companies and unincorporated businesses, managing Value Added Tax (VAT) can be a significant challenge, affecting a broad spectrum of business activities.

Read More

VAT deadlines and what businesses should be doing to prepare for them

Businesses must remain compliant with the requirements for reporting and paying VAT, especially with the regular quarterly for VAT under Making Tax Digital.

Read More

HMRC reminds restaurants and takeaways of VAT obligations on hot food

HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance of correctly applying VAT on hot food.

Read More

Paper VAT registration to be abolished in latest digital move

In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT registration from 13 November 2023.

Read More

How HMRC’s new online tools can help you simplify taxation

HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more straightforward for businesses and individuals.

Read More

Understanding tax obligations for charities

Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard businesses.

Read More