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In January, the rules on employee benefits-in-kind changed and can now mean VAT is payable in situations where it didn’t apply before. But is this extra cost to your business a tax-deductible
expense?
Published 14.05.2012
You offer your staff an optional remuneration arrangement as an alternative to part of their salary. You’ve now been told that you must account for VAT on the value of the arrangement. Does this mean
you owe HMRC a stack of cash?
Published 08.04.2021
You probably know that most employee perks are liable to income tax, but in some cases the employer will also have to account for VAT on these. When does this rule apply and can you reduce or avoid a
VAT charge?
Published 10.05.2013
Just weeks after saying that VAT must be paid on certain employee benefits from January, the Taxman has announced a concession. What’s the full story?
Published 03.11.2011
HMRC’s webinar on trivial benefits for employees gives helpful guidance about income tax and NI but doesn’t tackle the corporation tax and VAT consequences. If you intend to provide trivial benefits
what do you need to know about these?
Published 19.02.2019
It’s taken over a year for the Taxman to decide what to do following the EU ruling regarding VAT on certain employee benefits. He’s now issued guidance. What does this say and how should you
implement the change?
Published 07.09.2011
If you provide your employees with benefits in kind as an optional alternative to salary, special anti-avoidance income tax rules apply. Are there also VAT aspects you need to consider?
Published 18.09.2023
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
Providing your employees with benefits in kind is a supply for VAT purposes on which you might have to account for VAT. However, special rules and HMRC concessions mean this doesn’t apply in all
circumstances. So when can you take advantage?
Published 12.12.2022
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