Businesses are under increasing pressure to use the Taxman’s online services, including to register for VAT. Apparently, it’s more efficient. True?
Published 15.10.2009
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
Most businesses take for granted that they can register with HMRC and then reclaim any VAT they pay on purchases. But if your business only makes sales outside the UK that aren’t subject to VAT, are
you allowed to register in the first place?
Published 03.12.2009
The practical difficulty which faces many businesses is what to do whilst waiting for a VAT number. Should VAT be charged to customers, and if so, how should it be accounted for?
Published 05.06.2008
Registering for VAT can be voluntary or compulsory. Either way it will take time for HMRC to get you in the system and issue a registration number. How should you deal with invoicing your customers
during this period?
Published 28.03.2019
One of our subscribers wanted to know at what point he was obliged to register his new business for VAT. It seems a basic question, but the answer isn’t always straightforward. What factors do you
need to consider?
Published 02.04.2013
You’ve started a business to make a little extra cash. You don’t expect the turnover to ever come close to the VAT registration limit, but might you be required to register anyway, and if not is
there an advantage to registering voluntarily?
Published 26.10.2023
Last year the VAT rules for services supplied to overseas customers were changed, but certainly not simplified. One of our subscribers, who provides property services, wanted to know whether or not
they should charge VAT?
Published 22.07.2011
VAT inspections can be triggered for many reasons. But can you ascertain why and is it worth bothering to find out? Plus, when the day arrives what steps can you take to ensure the Taxman’s visit
goes smoothly?
Published 13.12.2012
You’ve formed a company to develop a new business unconnected with your existing firm. Even if it’s viable it won’t generate income for months or even more than a year. Can you register and reclaim
the VAT on development costs?
Published 14.11.2022