Understanding VAT for limited companies and unincorporated businesses
For both limited companies and unincorporated businesses, managing Value Added Tax (VAT) can be a significant challenge, affecting a broad spectrum of business activities.
Category VAT
Paper VAT registration to be abolished in latest digital move
In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT registration from 13 November 2023.
Understanding tax obligations for charities
Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard businesses.
Supreme Court rules roof replacement company must pay £2.5 million VAT bill
A roof replacement company has been hit with a £2.5 million tax bill after a ruling that the insulated roof panels it supplied did not qualify for a VAT-reduced rating.
The VAT filing deadline is approaching: How to get prepared
It’s important to stay up to date with the latest regulations and requirements related to taxes, including Value Added Tax (VAT) to avoid penalties.
Avoid these costly VAT mistakes
Small business owners need to take measures to avoid costly mistakes when it comes to calculating, reporting and paying Value Added Tax (VAT).
How can you deal with VAT return errors?
If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to do and could be at risk of further investigation or fines from HM…
VAT – What to do if your details change
VAT-registered businesses must let HM Revenue & Customs (HMRC) of any changes to their details.
New VAT penalty regime – What do you need to know?
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.