Advice Hub

Our expert VAT consultants are always looking for ways to improve the training and advice they give. This advice hub is packed with the latest articles and news about VAT, hints and tips for accountants and businesses, blogs, infographics and all kinds of other useful content about VAT.

For more information about anything here, or to talk to our expert team, call our free helpline on 0161 477 6600 or use our contact form and we will get back to you.

Are Medical Supplies VAT Exempt?

In the UK, the VAT treatment of medical supplies varies based on the specific type of product and its intended use. This blog post delves into the details of VAT exemptions, zero ratings, and standard VAT rates applicable to different medical supplies, and provides clear guidelines for businesses and consumers.

VAT and Energy Saving Materials

Until 31 March 2027, the supply and installation of certain “energy saving materials” qualifies for 0% VAT when installed in residential accommodation. This VAT relief applies only to specific products when supplied and installed together.

£247,407 VAT Appeal Allowed Following Assessment

The business operates two websites - financial-advisors-near-me.co.uk and pension-advisers-near-me.co.uk - that collect user data from individuals seeking financial advice. This data is passed on to the company’s independent financial advisor (IFA) clients. Where a deal is concluded between the IFA and the prospective client, the company receives a percentage of the income generated from that introduction.

Some Brief Tips if Considering VAT Registration

It is currently challenging to secure VAT registration due to a combination of EU businesses needing UK VAT numbers and backlogs within HMRC’s registration unit. To avoid unnecessary delays, it is important to ensure your application meets HMRC’s requirements in full.

The Scope of VAT Exemptions for Education

The scope for exemption to apply to education is dependent on a number of factors and these are quite commonly misunderstood. This can lead to errors in VAT accounting due to an organisation either mistakenly believing that its supplies qualify for exemption or more rarely, being unaware that they do.

Does Your Business Exercise Sufficient Diligence With its VAT Affairs?

Having little or no evidence of due diligence being carried out can be sufficient for HMRC to accuse a business of being either knowingly or unknowingly involved in VAT fraud. This can have serious implications if the business is unwittingly being used to “whitewash” a VAT fraud being carried out by associated third parties.