HMRC is warning businesses to protect themselves from VAT fraud in their supply chains.
The situation is an executive who retired from f/t employment in London at Christmas has been looking to set up as a self employed consultant.
I have a client who has an online marketplace.
He brokers services as follows:
My business produces food and sells to small retailers, it is a zero rated product and we have been trading since April 2014.
The government occasionally changes the tax rules with little warning to counter tax evasion, and 1 February 2016 is one of those occasions, writes Rebecca Cave.
I have a client who temporarily went over the VAT threshold. He has since had no sales for SEVEN months and now sales have started again so he could deregister if he had to.
Client accidentally filed nil VAT return online using HMRC website(this seems to be a very common event).
Assuming a LLP with VAT registration number is selling clothing online. The products are shipped from the UK within the UK and europe.
If a partner of an LLP books a hotel in their own name and address (as opposed to the name and address of the LLP partnership) and it is 100% for business purposes (ie not for business entertaining
The sale of caravans designed for all-year round occupation, ‘residential caravans’, will continue to be zero-rated for VAT, HMRC has said.