Challenges for charities: some common questions
Our charity is not registered for VAT but the total income is close to the annual £85,000 threshold.
Value added tax: is it time to leave the flat rate scheme?
My previous article for Tax Adviser about the flat rate scheme was published in July 2019.
Mixed supply challenges: apportioning output tax
VAT and mixed supplies is a hotbed topic that has probably perplexed HMRC’s policy teams more than most other issues....
The 50th anniversary of VAT: some of the cases to celebrate
VAT is now 50 years old. That is an impressive milestone.
Investigating underpaid VAT: HMRC's best powers of judgment
Image:© Getty images/iStockphoto Imagine the following situation: you trade in the High Street as a retail outlet – let...
VAT errors and adjustments: some practical examples
© Getty images/iStockphoto HMRC has recently introduced a new online form to correct errors made by a business on past ...
Input tax: the need for deals to be properly structured
VAT on deals involving three parties has always been a hotbed of potential problems.
Late VAT returns: points will lead to penalties
Older readers will remember the famous catchphrase of the late entertainer Bruce Forsyth with his game show quip that ‘p...
The new penalty regime for late VAT payments starts on 1 January 2023
1 January 2023 will be a massive date in the VAT calendar.
Is activity deemed to be business or non-business for the purposes of VAT?
HMRC recently issued Revenue and Customs Brief 10 (2022) (see bit.ly/3BJGVvr), explaining its new interpretatio...