HMRC pressed the start button on machine games duty (MGD) on 1 February, as the new tax regime came into force.
We have a client who is buying pub premises, and the seller is operating as a pub at the moment.
As far as everyone is aware there is not an Option to Tax on the building.
Revenue & Customs Brief 02/13 was issued on 22 January 2013 and confirms HMRC have changed their view on whether rooms hired out by hotels and similar establishments are VAT exempt (without an
I recently took over book-keeping for a client who had previously partially converted a property to residential. The owner previously opted to tax the property and it was let as a commerical premi
A UK client supplies goods to a UK customer. The goods are bought from China and are delivered to an address in China.
I am hoping someone can help clarify the best way of accounting for these transactions.
If the director of a small limited company decides to build an office in his garden:-
If a newly formed company registers for vat and then claims back a large amount of input tax on some large setup costs, what is then stopping the company from de-registering again?
I presume that training people to drive powerboats is a VATable activity but wondered if anyone knew different.
I have a limited by guarantee charity client whom in the next 12months is undertaking a project to construct a hospice, the client and other advisers have raised the issue of input vat on build cos