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Delay to Introduction of the Domestic Reverse Charge for Construction Services

The proposed introduction of the domestic reverse charge for construction services, due to be implemented from 1st October 2020, has been delayed until 1st March 2021. The introduction of this legislation has already been pushed back from 1st October 2019. The intention of this further delay is to allow businesses time to overcome the challenges posed by coronavirus pandemic.

Spring Budget 2022: Energy saving Materials

As announced in the Chancellor’s spring statement, effective from 1st April 2022 the VAT liability of certain energy saving materials will be cut from the previously applicable rate of 5% to the zero-rate – supplies covered by this change will revert to the reduced rate as of 1st April 2027.

Supplies outside the Scope of UK VAT & VAT Recovery

Vehicle Control Services Ltd appealed against the First-Tier Tribunals decision, which stated that it is necessary to apportion input VAT on general overheads when supplies that are outside the scope of UK VAT are made w.....

Time and Cost Saving VAT Training

We are well aware that professional accountants and in house accounting staff at businesses, charities and other organisations need to maintain their professional development and ensure their VAT knowledge is up to date,.....

How Does the Reverse Charge for Electronic Communication Services Work?

A new anti-fraud measure is set to be introduced that will have a profound effect on business that make wholesale supplies of select electronic communications services such as the exchange of calls and data over landline.....

When Can I Recover Input VAT on a Building Project?

When it comes to land and property, VAT is a complex issue which gives rise to many interesting cases. One such case arose when DM & DD MacPherson appealed to the First-Tier Tribunal with regards to input VAT recovery on.....

TOMS Applied to Serviced Accommodation

The Tour Operators Margin Scheme (‘TOMS’) applies to businesses that buy in and re-sell travel services, including but not limited to accommodation and passenger transport). This compulsory scheme was introduced as a means to simplify VAT accounting with respect to the onward supply of qualifying travel services by allowing the tour operator to account for VAT on the profit margin of the onward supply in their place of establishment, as opposed to registering for VAT in each EU country where the services and goods are enjoyed.

VAT Advice For Opticians - Ensuring You’re Up To Date With The Rules

In October last year, HMRC announced that it would be implementing simpler processes to be used by opticians and dispensers of hearing aids to account for VAT on their supplies. Tamara Habberley, Senior VAT Consultant at The VAT People, runs through everything you need to know about last year’s VAT changes.

News

News

Delay to Introduction of the Domestic Reverse Charge for Construction Services

Spring Budget 2022: Energy saving Materials

Supplies outside the Scope of UK VAT & VAT Recovery

Time and Cost Saving VAT Training

How Does the Reverse Charge for Electronic Communication Services Work?

When Can I Recover Input VAT on a Building Project?

TOMS Applied to Serviced Accommodation

VAT Advice For Opticians - Ensuring You’re Up To Date With The Rules

Rob McCann

Steve Howard

Tamara Habberley

Jack Ray-Atkins

David Miller