Following the UK’s exit from the EU, the distance selling requirements for businesses selling goods business to consumer (B2C) from the UK no longer apply and all sales of goods to overseas […]
There has been a surge in holiday bookings following the recent announcement of the lockdown exit plan. The temporary reduced rate of VAT at 5% applies to holiday accommodation such […]
Paying Deferred VAT HMRC have provided further detail on paying the VAT which businesses were allowed to defer between 20 March and 30 June 2020. At the time, HMRC said […]
The way in which VAT is charged on construction services will change, as a result of new anti-fraud rules. Around half of UK construction businesses are expected to be affected. […]
With effect from 1 January 2021, any imports from outside the UK, both from non-EU and EU exporters, can be subject to Postponed Import VAT Accounting (PIVA). What are the […]
VAT payments totalling £30billion were deferred between March and June 2020 and are due for payment before 31 March 2021. What if you can’t pay your deferred VAT? HMRC are […]
UK manufacturers are running out of time to prepare their supply chains for Brexit with less than two months to go until the transition period ends. Due to Covid-19, the […]
Carol Hallam – VAT Specialist Update following the Government’s Winter Economy Plan on 24 September 2020: The temporary reduced VAT rate for hospitality, holiday accommodation and attractions has been extended. […]
In appropriate circumstances, charities, care home operators and not for profit entities are entitled to receive supplies of building services at Zero Rate VAT. To qualify, the entity must first […]
Sean Turner – VAT SpecialistDD: +44 (0)207 465 1908 The UK’s document on The Border with the European Union, Importing and Exporting Goods, or Border Operating Model (BOM), was published […]
Carol Hallam – VAT Specialist The Eat Out to Help Out Scheme has been introduced as part of the government COVID package to help rebuild businesses and may be used […]
Sarah BarronVAT SpecialistDD: +44 (0)1489 566298 Sean TurnerVAT SpecialistDD: +44 (0)207 465 1908 The spread of the Coronavirus (COVID-19) continues to dominate the news, with major implications for public health […]
Sean Turner – VAT SpecialistDD: +44 (0)207 465 1908 Payment of VAT and duty is a cash flow burden on businesses, which HMRC recognised by introducing the VAT payment deferment […]
Sean Turner – VAT SpecialistDD: +44 (0)207 465 1908 Import VAT and duty relieved on medical supplies, equipment and Personal Protective Equipment (PPE) brought into the UK during the Covid-19 […]