Category Archives: VAT

What is distance selling for VAT purposes?

8th June 2021 Posted by -

Distance selling is the term used to describe supplies of delivered goods from one EU Member State to a customer in another member state who is not

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One month left to join VAT Deferral Payment Scheme

2nd June 2021 Posted by -

Businesses that deferred VAT payments last year have until 21 June 2021 to join the new online payment scheme. This would allow them to spread the

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When not to charge VAT

27th May 2021 Posted by -

When a VAT registered business issues an invoice to their customer, they must ensure that they charge the correct rate of VAT. Whilst most businesses

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VAT Specialists Burton on Trent

Charging VAT on discounts and free gifts

20th May 2021 Posted by -

When VAT registered traders issue an invoice to a customer, they must seek to ensure that the correct rate of VAT is charged. Whilst most businesses in the UK charge VAT at […]

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CIS – types of work and businesses affected

6th May 2021 Posted by -

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the construction industry. The

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Selling a business transferring a business?

VAT – transfer as a going concern

6th May 2021 Posted by -

The transfer of a business as a going concern (TOGC) rules concern the VAT liability of the sale of a business. Normally the sale of the assets of a VAT […]

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Keeping self-employed tax records

28th April 2021 Posted by -

If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep suitable business records as well as separate

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VAT deferral scheme open for business

12th March 2021 Posted by -

Businesses that took the option to defer the payment of their VAT liabilities between 20 March 2020 and 30 June 2020 need to decide what course of

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