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  • Deadline for Pre-Brexit EU VAT Refund Claims approaching fast

    • 10th January 2020
    • Posted by: Suzy Hill
    • Category: Business News, VAT
    No Comments
    EU Deadline
    10th January 2020 Posted by: Suzy Hill Category: Business News, VAT No Comments Deadline for Pre-Brexit EU VAT Refund Claims approaching fast The current government position is that the UK will leave the European Union on 31st January 2020. This will have an impact on EU VAT refund claims (formerly known as 8th Directive Claims).
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  • VAT receipts hit record £133bn

    • 28th November 2019
    • Posted by: Suzy Hill
    • Category: Business News, VAT
    No Comments
    VAT4
    28th November 2019 Posted by: Suzy Hill Category: Business News, VAT No Comments VAT receipts hit record £133bn The amount of VAT collected in the last year has risen by 5.3% to a record £133bn driven by the wholesale and retail sectors, despite widespread VAT evasion The latest 2018/19 figures from HMRC show revenue up
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  • HMRC gives limited MTD ‘digital links’ extension

    • 31st October 2019
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital, VAT
    No Comments
    MTD (2)
    31st October 2019 Posted by: Suzy Hill Category: Business News, Making Tax Digital, VAT No Comments HMRC gives limited MTD ‘digital links’ extension HMRC has extended the Making Tax Digital (MTD) for VAT compliance date for businesses judged to have complex or legacy IT systems and they will be given extra time to meet the
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  • Construction industry reverse charge VAT delayed until 2020

    • 9th September 2019
    • Posted by: Suzy Hill
    • Category: Business News, HMRC News, VAT
    No Comments
    Construction3
    9th September 2019 Posted by: Suzy Hill Category: Business News, HMRC News, VAT No Comments Construction industry reverse charge VAT delayed until 2020 HMRC has bowed to pressure and has announced a one-year delay to 2020 to the introduction of reverse charge VAT in the construction sector, due to be implemented next month, after industry
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  • Construction industry reverse charge VAT – are you ready?

    • 13th August 2019
    • Posted by: Suzy Hill
    • Category: Business News, VAT
    No Comments
    Construction2
    13th August 2019 Posted by: Suzy Hill Category: Business News, VAT No Comments Construction industry reverse charge VAT – are you ready? With less than two months before major changes to VAT invoicing take effect for the construction industry, two thirds of SMEs in the sector know nothing about the new reverse charge regime. It
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  • Half of small businesses make VAT return errors

    • 7th August 2019
    • Posted by: Suzy Hill
    • Category: Business News, Making Tax Digital, VAT
    No Comments
    VAT4
    7th August 2019 Posted by: Suzy Hill Category: Business News, Making Tax Digital, VAT No Comments Half of small businesses make VAT return errors Half of small businesses say they have made mistakes when sending in their VAT return and only a quarter are confident they have the figures correct despite spending more than an
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