A donation for VAT purposes: no-strings attached giving
There’s an old saying that ‘there’s no such thing as a free lunch.’ Fortunately, that is not always the case, and charit...
VAT savings tips for SMEs: practical ways to improve cash flow
VAT is often the forgotten tax. Charge VAT on your sales and claim it back on your expenses. Submit and pay a return onc...
Saving VAT on builder services: when the 5% rate applies
The starting point with any supply of goods or services in the UK is that they are subject to VAT at 20%....
Partial exemption in VAT registered businesses
What are the basic rules of partial exemption?
Let me entertain you!
The relaxation of the lockdown rules hopefully means that staff and customers will be able to get together for a decent...
Word games
I enjoyed the comment of the judge in th e recent Court of Appeal decision in the VAT case of Royal Opera House Covent G...
Hidden traps?
Many UK businesses have either ceased to trade or suffered reduced turnover due to the Covid-19 pandemic....
Better together?
An undeniable outcome of the annual VAT registration threshold being frozen at £85,000 since 2017 is that more clients a...
A matter of timing
Timing is everything. This is a much-used phrase in today’s society and is often quoted in diverse subjects ranging from...
Get ready for major changes
Many GB businesses exporting low value shipments of goods to the EU have found the procedures very tricky since the end ...
