There are special VAT rules that allow two or more companies or limited liability partnerships, commonly referred to as ‘bodies corporate’, to…

The VAT penalty regime that applies to the late submission and / or late payments of VAT returns changed for VAT return…

More details have been published regarding Chancellor Rachel Reeves’ plans to impose a VAT charge on private school fees. The government has…

A new digital VAT registration tool has been launched by HMRC that can be used to help businesses work out the effects…

The VAT Annual Accounting Scheme is available to most businesses with an annual turnover of up to £1.35 million. Key benefits of…

The VAT Import One Stop Shop (IOSS) Scheme applies to goods imported in consignments with a value of £135 or less (known…

The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. Businesses with turnover below this level…

In the UK most basic food stuffs are zero rated. However, the definition of ‘basic’ is not straightforward and many of the…

The online service for checking a UK VAT number is available at: www.gov.uk/check-uk-vat-number. This service can be used to check: if a…

There are special rules that determine the recoverability of VAT incurred before a business registered for VAT. This type of VAT is…