Changes to VAT penalties and VAT interest charges
Find out about new VAT penalties & charges that will apply to everyone who submits a VAT Return from Jan 1st
VAT accounting schemes…
Just about everyone has heard of VAT (value-added tax). We’re used to paying it on many of the goods and services we purchase…
VAT direct debits to be cancelled by HMRC
HMRC warns that VAT direct debits are set to be cancelled if no email address is held. Those affected, will receive a letter from HMRC…
CONSTRUCTION: REVERSE CHARGE VAT
Those working in the UK’s construction industry will have to handle and pay VAT differently from 1 March 2021…
Getting it done
“Getting it done” is the soundbite Chancellor Rishi Sunak clearly wanted us to take away from his debut Budget speech, but “giving it away” might be more accurate.
VAT Reverse Charge for Construction – Delayed
Significant changes are being introduced to the VAT treatment of supplies in the construction industry from 1 October 2019…