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Making tax digital for VAT update - complex businesses now in scope and digital link deadlines may be extended

16 November 2019

Most UK VAT-registered organisations should, by now, have begun to account for VAT in compliance with the making tax digital for VAT (MTDfV) rules. However, HMRC has allowed a six-month extension to a minority of complex organisations.

Brexit - retaining an EU business presence

20 September 2019

With a Brexit date of 31 October 2019 still the default position, many UK businesses will be considering setting up in another EU jurisdiction to maintain an EU presence. Besides commercial considerations, there will be tax consequences to consider.

VAT case threatens price hike for some cosmetic procedures

28 August 2019

A recent First Tier Tribunal decision has ruled that the procedures undertaken by health clinic Skin Rich Limited (SRL) were cosmetic in nature and were not exempt as either medical care or, given they were not regarded as a regulated clinic, as qualifying services provided by a hospital or similar institution.

Scottish farmer wins VAT appeal in the Supreme Court

31 July 2019

The Supreme Court has ruled that a Scottish farmer is entitled to recover more than £1m of VAT incurred on the purchase of more than £7m of EU farm subsidies - a decision which could prompt many other UK taxpayers to revisit VAT they’ve blocked on fundraising activities.

Making tax digital - HMRC’s guidance updated

14 June 2019

Over a month after some organisations began their first making tax digital (MTD) compliant VAT return period, HMRC made a series of changes to its guidance on this reform. While there are a number of welcome changes, affected organisations should take note to ensure that their implementation takes account of them.

Import VAT for non-owners and more on Brexit and customs duty

18 May 2019

While details of the UK’s long-term relationship with the European Union (EU) remain unclear, the VAT and customs issues associated with international trade continue to throw up challenges.

Changes in VAT policy for retained payments and deposits
Philip Munn

15 May 2019

The changes in the policy of Value Added Tax (VAT) for retained payments and deposits. Find out what the changes are and how they can affect you.

Making tax digital - patience is a virtue

24 April 2019

Over the course of the last few months, organisations around the UK have braced themselves for the introduction of making tax digital for VAT (MTDfV). While a lucky few ‘complex’ organisations have a six-month deferral, most have had one date in mind: 1 April 2019. However, timing your registration for this new system must be carefully timed to ensure that you don’t sign up too soon.

Countdown to Brexit – VAT and customs duty preparations

09 March 2019

With less than three weeks until the UK leaves the EU, HMRC has been releasing guidance and legislation that anticipates a no-deal Brexit. It is apparent that, so far as possible, the Government wants to make the transition as painless as possible. To take advantage of the Government’s spirit of cooperation, businesses must act now.

Edinburgh tourist tax - what about the VAT

10 December 2018

The City of Edinburgh Council's consultation on a Transient Visitor Levy (TVL) or ‘tourist tax’ closes next week, but one big unknown remains – what happens about VAT? Will visitors have to pay tax on tax?

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