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
25th Sep 2020
Chancellor extends VAT cut for hospitality sector
The reduced 5% VAT rate for the hospitality industry was due to apply for the period between 15 July 2020 and 12 January 2021. This period...
Business tax
22nd Sep 2020
VAT: HMRC incorrectly rejects registration applications
A business must complete form VAT1 to register for VAT. There is a question on the form that requires the owner to give the estimated value...
Business tax
18th Sep 2020
VAT and online trading: Part 4 – Risk areas
Determining whether the trader is the agent or principal in the relationship should be number one priority for business owners to ensure...
Business tax
15th Sep 2020
In search of the CGT reporting tool
A minor outcome of the Covid-19 crisis was that an agreement I had to sell a flat in March 2020 fell through, so I had to find another...
Personal tax
11th Sep 2020
VAT and online trading: Part 3 – Selling goods
It is very common for UK businesses to sell their goods on an OMP such as Amazon or eBay. These arrangements can present some tricky VAT...
Business tax
9th Sep 2020
VAT: Sudden change in supplier termination fee treatment
Over the years, I have received many queries along the lines of, “Our client is not happy with the service provided by their IT supplier so...
Business tax
8th Sep 2020
Supplier workaround created huge VAT bill
Imagine the following situation: you import goods from China and sell them in the UK. You rely heavily on one particular delivery company...
Business tax
1st Sep 2020
Candid camera confirms taxpayer’s honesty
Imagine you own a business with an annual turnover of around £50,000, ie your level of trading is comfortably below the VAT registration...
HMRC & policy
28th Aug 2020
VAT and online trading: Part 2 – Services
In my previous article in this series, I discussed how you can decide if a website owner was acting as an agent or principal in selling...
Business tax
21st Aug 2020
Bathroom subcontractors flushed out in VAT case
A number of years ago, I purchased a carpet from a retail outlet – let’s say for £500 plus VAT. The shop gave me a sheet of paper with a...
Business tax