18 September 2020
Following recent representations by the Charity Tax Group (CTG), HMRC has agreed to amend its policy on the VAT treatment of online charity advertising. Information on HMRC's new policy was published on 8 September and we suggest that affected advertisers and charities should consider their position carefully.
09 September 2020
We discuss the various benefits of VAT training to help businesses retain watertight control over VAT processes.
30 July 2020
As a result of the coornavirus pandemic, many tenants are suffering a loss of income and want to vary the terms of their lease with their landlord. Read here for details of HMRC’s announced tax changes as a measure to preserve income for landlords.
14 July 2020
The Chancellor’s Summer Economic Statement delivered on 8 July included various measures to support hospitality and leisure businesses during the coronavirus emergency. They included a targeted temporary VAT cut for supplies of hospitality, hotel accommodation and admission to attractions.
HMRC has announced that the introduction of the VAT reverse charge for domestic supplies of construction services will be delayed from 1 October 2020 until 1 March 2021.
18 May 2020
The upper tribunal case for Royal Opera House Covent Garden Foundation calls into question the approach to be taking by organisations that undertake non business and business activities.
18 May 2020
Coronavirus has resulted in many charities suffering a significant decline in revenues, and irrecoverable VAT costs increase significantly. We recommend that charities should build this reduction into their cash flow projections.
01 May 2020
The Government has announced that the application of the zero rate of VAT to supplies of 'digital publications' will be brought forward to 1 May.
17 January 2020
The UK is scheduled to leave the EU on 31 January 2020, but what does that mean for businesses that trade with the UK and EU from 1 February onwards?
01 November 2019
One of the founding principles of the VAT system is that VAT incurred on costs can be reclaimed, provided it can be linked to a transaction which affords a right to VAT recovery. But how strong does this link have to be?