Unlike sole-trader businesses every company must have its own VAT registration. This can add extra layers of admin where you run two or more connected companies. Group registration might help, but
when can you use it?
Published 18.03.2016
You’re completing your company’s first VAT return and have asked HMRC whether you can reclaim the VAT on software you bought about a year ago. It has told you “no”, but is it correct?
Published 16.09.2014
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
In 2009 the European Commission started action against the UK with the aim of excluding holding and similar companies from VAT groups. Nearly four years later the result is in. What was the outcome
and how might it affect you?
Published 02.05.2013
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
If you need to move profit from one trading company to another just to be able to pay a dividend to shareholders, there are VAT traps for the unwary. So how do you keep the VATman at bay?
Published 17.01.2008
It’s common practice for holding companies to be included in a VAT group registration as it often means they can reclaim VAT that they wouldn’t otherwise be entitled to. But now Europe wants to put
an end to this. What’s the full story?
Published 05.02.2010
If you trade through more than one company, you can share the overheads around to save tax by making management charges. However, there is a VAT trap for the unwary. How can you avoid it?
Published 23.10.2008
Your spouse has a business which has been doing rather well of late. So much so that its turnover will soon exceed the VAT registration threshold. However, you don’t want to register it for VAT. How
can you do this?
Published 29.03.2007
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