Industry updates
Zero rating for new build dwellings
Zero rating for new build dwellings Building works to construct a new dwelling are VAT zero rated but there are strict conditions to be met for this beneficial zero rate of VAT to apply and…
Hospitality sector faces rise in VAT as the economy reopens
Hospitality sector faces rise in VAT as the economy reopens At the end of September, tourism and hospitality businesses that have enjoyed a reduced rate of VAT will see the…
Community Amateur Sports Clubs are not charities for VAT purposes
Community Amateur Sports Clubs are not charities for VAT purposes Eynsham Cricket Club appealed against a decision of the UK First and Upper Tribunals that…
Coronavirus – Opting into the VAT Deferral New Payment Scheme
Coronavirus – Opting into the VAT Deferral New Payment Scheme Any business that deferred VAT payments due between 20 March and 30 June 2020, as a result of the Coronavirus…
Government extends reduced VAT rate for hospitality, hotel and holiday accommodation supplies
Government extends reduced VAT rate for hospitality, hotel and holiday accommodation supplies For the last nine months businesses in the…
VAT liability of school holiday clubs
VAT liability of school holiday clubs Almost a year to the day of the decision in the case of RSR Sports Limited (RSR), HMRC has finally issued Business Brief 18/2020 acknowledging the decision and inviting…
Get ready for the VAT domestic reverse charge
Get ready for the VAT domestic reverse charge The VAT reverse charge represents a significant change to the way in…
In order to import goods from the EU after 1 January 2021 you must have a GB EORI number
In order to import goods from the EU after 1 January 2021 you must have a GB EORI number New…
VAT treatment of goods post-Brexit – What you need to know
VAT treatment of goods post-Brexit – What you need to know The latest official guidance on the Brexit transition outlines the process of accounting for VAT on goods that are imported from and exported to…