VAT | AccountingWEB


Could someone confirm for me that the ability to reclaim VAT on stock and assets on hand at date of VAT registration (under flat rate), also applies to services in the previous six months?


A Tribunal decision has provided further evidence of the difficulties that HMRC find in monitoring taxpayers’ use of the Flat Rate Scheme (FRS), and how they handle situations when there is an appa



I have a VAT registered business I help and they have sold a tractor via an auction.


Two Essex businessmen who evaded £2.5m in corporation tax and VAT in a fraud involving the supply of labour to the railway industry have been jailed for 10 years, after an investigation by HMRC


A client sells paper patterns for making things.

Some are sent by post, however some are now being sent as a .pdf attachment for the customer to print where they are located.



I want t buy a business that runs powerboat rides.

This is zero rated for VAT.


We have a client company which sells goods over the internet and their sales are approaching the VAT registration limit


A company supplies promotional staff and ran a promotion for a national food supplier where they gave away food samples and invited the recipient to make a donation to charity.  Some did, some didn


HMRC is not appealing against the recent Upper Tribunal decision in Lok’nStore Group plc (“LnS”) but does no