16th October 2025
Exports from Great Britain or Northern Ireland can be zero-rated for VAT, provided businesses obtain valid export evidence within three months of…
9th October 2025
Waiting to be paid but still having to hand over VAT? The VAT Cash Accounting Scheme potentially lets you pay VAT only…
25th September 2025
Businesses over £90,000 turnover must register for VAT, but HMRC may grant exceptions if the increase is temporary. A business must register…
25th September 2025
When considering VAT on entertainment provided solely to directors or partners of a business it is generally not recoverable as VAT Input…
18th September 2025
Issuing a VAT invoice without registration or authorisation can lead to HMRC penalties, even if it is done by mistake. A penalty…
11th September 2025
Not all goods and services carry a 20% VAT, knowing the right rate can save costly mistakes. When a VAT-registered business issues…
4th September 2025
New rules mean late VAT filings and payments now trigger points, fines and interest charges. The VAT late filing penalties regime changed…
14th August 2025
HMRC requires businesses to maintain accurate VAT records to ensure correct tax payments. While all businesses must retain general records (such as…
24th July 2025
VAT relief is available on goods and services for people with long-term illnesses or disabilities. There are special VAT reliefs available for…
26th June 2025
Struggling with late-paying customers? The VAT Cash Accounting Scheme helps protect cash flow by taxing only what you have received. The VAT…