Discounts and credits: tips and pitfalls for VAT
The Utopian outcome for any business deal is to issue a sales invoice and get full payment from your customer; e.g....
Indirect Tax
Indirect Tax
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VAT challenges: what happens if you miss the VAT deadlines?
I enjoy quoting the famous line of the late comedian Eric Morecambe when he was making a mess of playing the opening bar...
Seasonal tips: VAT saving opportunities
What are your biggest VAT memories of 2024? You will probably recall two major announcements.
Taxing emissions: VAT and voluntary carbon credits
A fundamental tenet of regulated emission trading schemes is that some businesses can reduce emissions at a lower cost t...
Coping with VAT forms: getting to grips with paperwork
HMRC has often claimed that big backlogs in issuing VAT registration numbers are caused by basic errors made by the appl...
Fixed establishments: is the definition 'fixed' yet?
The repetitious nature of certain referrals to the Court of Justice of the European Union is perhaps a fact of life....
Tax evasion in retail: National Audit Office report
The National Audit Office (NAO) published its comprehensive report titled ‘Tackling tax evasion in high street and onlin...
Private school fees: The implications of new legislation for VAT
What changes are taking place on 1 January 2025?Fees charged by private schools to their pupils are currently exempt fro...