The VAT treatment of car leasing is an important consideration for businesses that incurs VAT on these costs. In general, leasing companies…

Reclaiming VAT on a self-build home project can significantly reduce the overall cost of building or converting your property. The VAT DIY…

When issuing invoices, it is important to apply the correct VAT treatment. In some cases, that means not charging VAT at all….

Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated supply is still a taxable supply, but…

The question of whether or not you are required to charge VAT when selling a company car depends on how the vehicle…

Verifying a VAT number before reclaiming VAT can protect your business from rejected claims, repayments, and unnecessary penalties.The online service for checking…

For eligible businesses, the VAT Annual Accounting Scheme can reduce paperwork, smooth cash flow and replace quarterly returns with a single annual…

VAT road fuel scale charges are fixed, standardised amounts that businesses must use to account for output VAT when they provide fuel…

Many businesses are still unaware that the VAT late filing and late payment rules now operate on a points-based system, where repeated…

If your business has relatively low VATable expenses, the VAT Flat Rate Scheme can simplify your VAT reporting and may also improve…