Seasonal tips: VAT saving opportunities
What are your biggest VAT memories of 2024? You will probably recall two major announcements.
Coping with VAT forms: getting to grips with paperwork
HMRC has often claimed that big backlogs in issuing VAT registration numbers are caused by basic errors made by the appl...
Private school fees: The implications of new legislation for VAT
What changes are taking place on 1 January 2025?Fees charged by private schools to their pupils are currently exempt fro...
Non-deductible input tax: when can a claim still be made?
True or false? Input tax cannot be claimed on any expenditure that relates to business entertainment....
Ten important VAT concessions: are your clients missing out?
The proposed abolition of the special rules for furnished holiday lettings was a reminder that there are still many allo...
Capital goods scheme: the practical challenges
The capital goods scheme is all about fair play as far as input tax on major building projects is concerned....
Compensation and termination fees: VAT treatment of payments
If any reader is still unaware about the basic facts of the Post Office Horizon saga, the outcome was that hundreds of s...
Reverse charge accounting: when is it relevant?
Many advisers will agree that a fundamental weakness of the VAT system is that 5% or 20% tax will be charged by some sup...
Property VAT: option to tax rules
A well-known English dictionary defines the word ‘option’ as ‘the power or right to choose’.