Bookkeeping, Accountancy and Taxation services
Making Tax Digital Is Live Making Tax Digital (MTD) is live for VAT and has been since 1st April, and yet here we are 4 months on with business owners still struggling to comply, whether it's filing or making payments, only today business owners … Continue reading Are You Struggling with HMRC’s Making Tax Digital?
A client purchased a car for use in her business, which the dealer said was a qualifying car. My client took this to mean that she can recover the VAT but I disagree. Obviously, my view has not gone down well with the client, but am … Continue reading Vat Question Of The Week – Qualifying Cars
Q: A client is an insurance company, they are VAT registered and partially exempt (85% exempt/15% taxable). They have invested £200,000 in bespoke computer software. The software was written for them by an Israeli company, who are … Continue reading Vat Question Of The Week – Reverse Charge From Overseas
Q My client is a UK VAT registered recruitment agency specialising in temporary staffing within the advertising industry. As my client has the contacts, he was approached by a start-up UK marketing consultancy to help them find new contracts, and he … Continue reading VAT Question Of The Week – INTERMEDIARY SERVICES
Q: A client is planning major renovations to her home to make it more “eco-friendly”. This will involve the installation of a number of energy-saving materials such as solar panels, insulation, and an air source pump to provide both heating and … Continue reading VAT Question Of The Week – Energy Saving Materials
Q My client is an amateur dramatic society operating via a company limited by guarantee. They own their own premises and charge admissions to their productions. The admissions have grown to £80,000 in the last 12 months, and alongside … Continue reading VAT Question Of The Week – Cultural Admissions
I have recently been reading up about the domestic reverse charge for construction services which comes in in October 2019, including the helpful VQOTW (14 June 2019), but this has got me wondering whether there are any other reverse charges in the … Continue reading VAT Question Of The Week – Domestic Reverse Charges
Can you claim pre-registration input tax if using Flat Rate Scheme or should you register under the normal scheme then change later? Input tax incurred after the effective date of registration is not recoverable, under flat rate rules, … Continue reading VAT Pre-Registration Claims Under Flat Rate Scheme
Our client is a small retailer specialising in bespoke clothes, and all sales to date have been within the UK. To expand her customer base, she is launching a website and planning to sell through Amazon. What VAT consequences does she need to … Continue reading Distance Selling in the EU – VAT Consequences
A client of Avanti is an IT consultant, operating through a VAT registered UK company. He is supplying consultancy services to another UK IT business. He has incurred hotel, travel and meal expenses, and is charging these on to the company he is … Continue reading VAT & Recharged Expenses
Accountants and tax advisers have been able to view the VAT registration certificates of their clients listed in the old Government Gateway account (GGA) for many years. Businesses have been able to view them in the Business Tax Account (BTA). But … Continue reading HMRC removes online VAT registration certificates
Q: My client is a travel agent working for the corporate sector, booking hotels for staff; mainly sales reps travelling around the UK. Although she has booked the hotel in the name of the company, naming the guest, and the guest obviously knows the … Continue reading VAT Question Of The Week –
