Welcome to our Blog! Here we set out the latest VAT news. VAT law and practice is ever changing, and it's really important to keep up with new developments, to ensure that there is no risk of mis-accounting, and that you are making the most of any opportunities in VAT for your business. Please contact us if you would like to discuss any of our updates...
Breaking news on the possibility of EU VAT registrations for UK tour operators for services which were previously subject to the standard rate on the margin under the EU TOMS rules.
Most of our TOMS reviews end up in a VAT repayment being identified. Could you have overpaid VAT and be due back a sizeable VAT refund?
We are very proud and pleased to have made it to the one year mark! Thank you to everyone who has helped us on our journey so far :-)
On 20 March, the Chancellor announcements that VAT payments due up to 30 June would be deferred. Here, we set out the details on this and our advice to businesses in light of this.
A message from us in the wake of the global challenges we face in the midst of the Coronavirus outbreak
Here, we analyse the announcements from the 2020 Budget as to how they may affect our VAT system going forward,
Whether you celebrated or commiserated Thursday’s election result, we now have a slightly clearer picture of what VAT may look like over the next few years. Read on for more details!
VAT has now hit the spotlight in Brexit news. Here, we explain (or attempt to explain) why the issue over the Northern Ireland border is significant for VAT.
The VAT billback rules can be important for disclosed agents, especially those with corporate clients. These are not always applied correctly, so here we explain the rules in full.
VATNAV is one month old today! Thank you to everyone who has supported us on our journey so far :-)
HMRC has confirmed that cancellation income should not form part of TOMS income - read on to see how this may affect you...
In our first week of business as a new company we had our first taste of the new MTD rules, both for ourselves and for clients. Here, we share our experience (spoiler: it was all okay in the end!)
