A recent Court of Appeal case has decided against two organisations that provided day care services.
The Chancellor has announced that VAT for the period 20 March 2020 to 30 June 2020 will not need to be paid during this quarter.
Making Tax Digital (MTD) for VAT was introduced on 1 April 2019 for all business trading above £85,000 of taxable supplies, with an extension until 1 October 2019 for some businesses eg groups.
A recent Upper Tier Tribunal case has resulted in digital newspapers being judged the same as hard copy printed newspapers and therefore zero rated. Prior to the case, digital publications were seen by HMRC as standard rated.
Scrooge is debating what to spend his hard earned company profits on at Christmas.
From 1 January 2020, the European Commission are introducing a number of ‘quick fixes’ aiming to simplify and harmonise EU VAT rules regarding intra-EU supplies of goods.
There are some VAT reliefs for disabled people. These typically relate to goods, however certain building works also qualify for VAT relief.
If your VAT-registered business provides construction services to another business you will no longer need to charge them VAT.