Whether it is media hype or genuine interest, the public seem addicted to professional attempts at second guessing the Chancellor of the Exchequer each year.
I have two clients. One pays his VAT by direct debit on 12th of the month and does not get a surcharge.
Current VAT registered sole trader moving to Ltd company and transferring biz as a going concern.
I have a client selling goods under the VAT margin scheme including many under the Global scheme.
My clients, a farming partnership are already VAT registered.
A barrister who failed to pay more than £600,000 in VAT was convicted for tax fraud this week.
With party bags (food and drink) for childrens' parties, how is the VAT calculated?
This article outlines how the VAT D-I-Y scheme works. The scheme applies to an individual, or an organisation, which want to construct (or convert) a building for his/her (its) own use.
It has never been more important to keep good VAT records, with HMRC vowing to scrutinise the tax affairs of those who have payments outstanding after 28 February.
As the Public Accounts Committee has recently heard, the current VAT rules allow large corporations to (legally) minimise their VAT bill and it is is perhaps somewhat surprising that this state of