Category: Industry updates
Construction industry to gain useful insight on landmark VAT Reverse Charge changes
Construction industry to gain useful insight on landmark VAT Reverse Charge changes Some of the region’s leading construction businesses are to get a useful update on upcoming changes to VAT from Loughton-based, Haslers Chartered Accountants.…
START PREPARING FOR DRC IMPLEMENTATION
START PREPARING FOR DRC IMPLEMENTATION Debra Dougal discusses the implementation of Reverse VAT, how it will impact on contractors and sub-contractors, and how to prepare. ‘Main contractors and sub-contractors affected by the change need to…
Is a brownie a cake or confectionery
Is a brownie a cake or confectionery Is a brownie a cake or confectionery? The courts have been asked to determine whether a wide range of food products should be VAT zero-rated. Most famously in…
Sign up for new digital VAT system slower than expected
Sign up for new digital VAT system slower than expected The latest data from HM Revenue & Customs (HMRC) has revealed that only 30,000 companies have registered for Making Tax…
EU committee backs VAT reverse charge
EU committee backs VAT reverse charge Member states struggling with the issue of VAT fraud may soon be able to…
VAT return issue costs Anglian Water millions
VAT return issue costs Anglian Water millions Anglian Water’s attempt to force HM Revenue & Customs (HMRC) to return £12 million in overpaid VAT has been rejected by the courts. Anglian serves six million properties…
How will VAT be affected by a no-deal Brexit?
How will VAT be affected by a no-deal Brexit? The debate regarding Brexit seems to have no end, but the…
Free seminar to accountancy professionals
Free seminar to accountancy professionals UK VAT Advice are providing a free seminar to accountancy professionals on the benefits of delivering a value-added service to clients Accountants from across the UK are being invited to…
VAT for businesses if there’s no Brexit deal
VAT for businesses if there’s no Brexit deal Debra Dougal comments HMRC recently published a document detailing how VAT rules…
VAT : Are you aware of the reverse charge for construction services?
VAT : Are you aware of the reverse charge for construction services? Instead of charging VAT on building works, contractors…