Neil Warren
Member Since: 23rd Feb 2009
Columnist
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Neil Warren is an independent VAT consultant and author who worked for Customs and Excise for 14 years until 1997.
Independent VAT Consultant
3rd Mar 2021
Budget 2021: Four VAT rates to grapple with
The need to lessen the impact of Covid-19 on affected industries has tempted the Chancellor to create even more VAT bands in his 2021...
Business tax
23rd Feb 2021
Cash accounting confusion goes to tribunal
There are times when I read a VAT tribunal report and come to a simple conclusion: “The taxpayer confused HMRC and HMRC confused the...
Business tax
18th Feb 2021
VAT charged in error can’t be reclaimed
It is common knowledge in the tax profession that VAT is never charged on the sale of a residential property (a ‘dwelling’). The sale of...
HMRC & policy
16th Feb 2021
DRC 6: Tips for cash flow management
Working capital The introduction of the domestic reverse charge (DRC) for builders will have a big impact on the working capital of many...
HMRC & policy
12th Feb 2021
VAT: Rowing with the tide
It is well known that builder services supplied to a charity can be zero-rated if they relate to a new building that will be used solely...
HMRC & policy
9th Feb 2021
Domestic Reverse Charge 5: How it impacts VAT schemes
Three different rates for builders The flat rate scheme (FRS) has always been complicated for builders. Such businesses can fall into two...
HMRC & policy
5th Feb 2021
HMRC U-turns on contract termination fees
HMRC has listened HMRC announced a major chance of policy for the VAT treatment of termination fees and compensation payments on 2...
HMRC & policy
4th Feb 2021
Fantasy Budget: Neil Warren’s dream to simplify VAT
Madame Deputy Speaker – I now turn my attention to VAT, described by some commentators as ‘the nation’s favourite tax.’ Now that we have...
HMRC & policy
2nd Feb 2021
Domestic Reverse Charge 4: New 5% disregard rule and other invoicing quirks
There are times when you need to understand what a tax rule means, although it will rarely be relevant in your day-to-day work. This is to...
Business tax
29th Jan 2021
How one word can change the VAT treatment
A fact that makes VAT such a unique tax is that the liability of a supply can often depend on how a single word is interpreted in the...
HMRC & policy