To drum up more business you want to create a points based loyalty scheme for your customers. You’ve decided on the terms and conditions for the scheme but the VAT consequences worry you. How should
you tackle them?
Published 09.07.2018
Some of your customers are pushing you on price so you’re considering whether to offer volume or loyalty discounts and cashbacks. The trouble is not all discount schemes are treated the same for VAT.
What do you need to know?
Published 20.09.2012
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
Depending on the circumstances, VAT deregistration can be compulsory or voluntary. Either way, the trouble is that the Taxman expects you to account for VAT on the value of all the assets your
business owns. How can you minimise this bill?
Published 15.11.2011
Where your customer pays a gratuity with their bill this can, depending on the circumstances, trigger a VAT liability which you must account for out of the money received. What steps can you take to
avoid this happening?
Published 05.04.2016
HMRC’s mini one stop shop (MOSS) for accounting for VAT on digital services sold in other EU countries seems to have settled down. HMRC has also simplified the rules for some businesses. How might
these changes affect you?
Published 04.05.2016
HMRC has tough rules about when you must pay the VAT you’ve charged your customers. But where it relates to certain types of service, a loophole allows you to defer payment. How can you take
advantage?
Published 30.05.2014
As a general rule, registered businesses can reclaim the VAT paid on purchases and must charge it on the price of items they sell. However, different rules can apply if the items were second hand.
What’s the position?
Published 16.11.2015
In June 2017 the Upper Tribunal published its decision in the National Car Parks case against HMRC. While the ruling involved parking charges it includes important principles that can apply to any
business. What’s the full story?
Published 04.07.2017
A job for a customer requires work from another business which is not VAT registered. The customer wants you to manage the project and wrap up the bill from the other business with yours. How should
you deal with the VAT?
Published 15.05.2018