The VAT rules that apply to the treatment of commission or fees for referring your customers to insurance products is a minefield. In what circumstances must you account for VAT and when can you
avoid it?
Published 24.02.2016
Taking on an employee means you’ll also take on a stack of other responsibilities as their boss. But at least you won’t have to pay VAT on their salaries as you would if they were contractors.
However a recent case showed this isn’t always so, why?
Published 13.10.2010
When you registered for VAT you reclaimed all the VAT you could for goods and services you bought prior to registration. However, you’re about to sell an asset for which you weren’t entitled to
reclaim VAT. Should you add it to the sale price?
Published 22.05.2019
The Upper Tribunal recently ruled that charging rent for a market stall pitch was standard rated, even thought letting land or property is usually exempt. Does this mean that you’ll now have to
charge VAT if you let a business premises?
Published 10.11.2016
If you’ve applied to register a new or existing business for VAT, but you’re waiting for your registration number, when should you charge VAT to your customers and what’s the procedure for collecting
it?
Published 05.09.2013
Your new bookkeeper has pointed out that you’ve been charging some customers standard-rate VAT for goods that ought to have been zero-rated and accounted for the excess on your VAT returns. Are you
entitled to a refund?
Published 09.02.2022
Your company has a contract to supply goods and services to a customer. A sister company will supply yours with the staff for the service part of the contract and charge you for their time. Does it
have to charge VAT on this?
Published 16.03.2018
It’s no secret that the buy-to-let market has recently been targeted with increased and additional taxes. However, some landlords might be overlooking a tax-saving opportunity. What’s involved?
Published 07.07.2016
Your company makes both VATable and exempt sales, which means it can’t recover the VAT it pays on some purchases. Working this out involves several steps. How can you ensure you maximise the VAT
reclaimable?
Published 12.12.2014