Jun 9, 2020 | VAT
The domestic reverse VAT charge for construction services, due to kick in from 1 October 2020, has been delayed until 1 March 2021. The way VAT is collected in the building and construction industry was originally due to change from 1 October 2019. But that was put on...
Apr 30, 2020 | VAT
Struggling businesses are being urged to take advantage of the option to defer any VAT return payments due next week. The Government announced last month that VAT-registered firms could defer any payments arising in the period up to 30 June 2020. The deferral is one...
Mar 13, 2020 | VAT
The Association of Taxation Technicians (ATT) has called for the Government to use the UK's exit from the EU to review what it calls ‘overly complex' rules surrounding VAT on food and drink. In his debut Budget speech on 11 March, Chancellor Rishi Sunak announced that...
Jan 29, 2020 | VAT
Making Tax Digital (MTD) has created additional, costly obligations for most VAT-registered businesses, according to a report. MTD for VAT kicked in on 1 April 2019 for UK businesses with an annual taxable turnover of more than £85,000. The government indicated that...
