VAT Treatment of Serviced Apartments : The Realreed Limited Case

VAT Treatment of Serviced Apartments : The Realreed Limited Case Background Realreed owns a property called Chelsea Cloisters in Sloane Avenue, London. The property comprises; 656 self-contained apartments and some…

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Industry updates, Newsletter
Posted on: 6th February 2024

The Partial Exemption Annual Adjustment

The Partial Exemption Annual Adjustment   What is the annual adjustment?  Why is it required? An annual adjustment is a…

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Industry updates, Newsletter
Posted on: 6th February 2024

HMRC have updated its Payments on Account (POA) guidance

HMRC have updated its Payments on Account (POA) guidance  What are POA? These are advance payments towards a business’ VAT bill. They are mandatory. HMRC will notify a taxpayer to make POA if a business renders…

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Industry updates, Newsletter
Posted on: 6th February 2024

How do HMRC choose which businesses to inspect and what is “Connect”?

How do HMRC choose which businesses to inspect and what is "Connect"? Big Brother is watching you… It always used to be the case that “Control Inspections” aka VAT inspections…

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Industry updates, Newsletter
Posted on: 6th June 2023

Are Turmeric shots zero rated food?

Are Turmeric shots zero rated? The Innate-Essence Limited Case In the Innate-Essence Limited (t/a The Turmeric Co) First Tier tribunal (FTT) case the issue was whether turmeric shots were zero rated food…

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Industry updates, Newsletter
Posted on: 6th June 2023

Charity exemption for show admittance – The Yorkshire Agricultural Society case

Charity exemption for show admittance - The Yorkshire Agricultural Society case In the Yorkshire Agricultural Society First Tier Tribunal (FTT) case the issue was whether payments for entry into the annual The Great Yorkshire Show qualified as…

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Industry updates, Newsletter
Posted on: 6th June 2023

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 it could not benefit from…

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Industry updates, Newsletter
Posted on: 22nd March 2021

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…

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Industry updates, Newsletter
Posted on: 22nd March 2021