UK VAT return on no-deal Brexit
Brexit

UK VAT return on no-deal Brexit

5y Richard Asquith

UK VAT return on no-deal Brexit

Richard Asquith, VP of Global Indirect Tax at Avalara, discusses the upcoming changes to the UK VAT return in case of a no-deal Brexit on October 31st...

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Rebrace for Brexit
Brexit & Economy

Rebrace for Brexit

5y Richard Asquith

Rebrace for Brexit

A few steps to help you get through the chaos of the initial few weeks of Brexit. Read More...

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For charities, MTD regulation deadline is just around the corner
HMRC

For charities, MTD regulation deadline is just around the corner

5y Leanna Reeves

For charities, MTD regulation deadline is just aro...

HMRC is expecting all charities registered for VAT in the UK to enact the new regulation by October. Read More...

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Super Sales Tax Tuesday - U.S. transformation a global phenomenon
VAT

Super Sales Tax Tuesday - U.S. transformation a global phenomenon

5y Richard Asquith

Super Sales Tax Tuesday - U.S. transformation a gl...

On Tuesday 1 October, Europe is to get a major tax tutorial from the U.S. That’s when 12 U.S. states impose sales tax (U.S. version of VAT) on foreign...

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Only one third of tax professionals find VAT returns to be more accurate under MTD
Making Tax Digital

Only one third of tax professionals find VAT returns to be more accurate un...

5y Leanna Reeves

Only one third of tax professionals find VAT retur...

Thomson Reuters poll suggests digital reporting software offers better result for VAT returns. Read More...

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Domestic reverse charge VAT for services in the construction sector
VAT

Domestic reverse charge VAT for services in the construction sector

5y Richard Staunton

Domestic reverse charge VAT for services in the co...

Richard Staunton, Partner at Gerald Edelman explains how to interpret the incoming VAT reverse charge in the construction sector. Read More...

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VAT and the upside of Brexit
VAT

VAT and the upside of Brexit

5y Sponsored | Bloomsmith

VAT and the upside of Brexit

In this sponsored article, BloomSmith - a VAT bridging loan provider for commercial properties explain how there could be some VAT-related upsides to ...

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Small businesses more likely to overpay taxes than be fined
MTD

Small businesses more likely to overpay taxes than be fined

5y Chris Jewers

Small businesses more likely to overpay taxes than...

Research commissioned by QuickBooks has found a lack of confidence among business owners when it comes of filing their VAT, with just 1-in-4 (27%) say...

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Industry reflections: how would VAT be affected if no deal is made following Brexit negotiations?
Brexit & Economy

Industry reflections: how would VAT be affected if no deal is made followin...

6y Accountancy Age

Industry reflections: how would VAT be affected if...

As we edge closer to March 2019, the government releases plans for all eventualities, including what will happen to VAT for UK businesses should negot...

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What does HMRC advise businesses on VAT fraud prevention?
VAT

What does HMRC advise businesses on VAT fraud prevention?

6y Nicola Sharp

What does HMRC advise businesses on VAT fraud prev...

HMRC explains that companies can avoid VAT penalties in future “by not becoming involved in any transactions connected with VAT fraud’’ Read More...

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Making Tax Digital: a great and much-needed step towards digitsation
Making Tax Digital

Making Tax Digital: a great and much-needed step towards digitsation

6y Accountancy Age

Making Tax Digital: a great and much-needed step t...

Avalara’s Richard Asquith talks about the benefits of Making Tax Digital, where businesses are now, and predictions for the VAT go-live next April Rea...

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HMRC’s VAT fraud agreement – how has the accountancy industry responded?
VAT

HMRC’s VAT fraud agreement – how has the accountancy industry responded?

6y Accountancy Age

HMRC’s VAT fraud agreement – how has the accountan...

HMRC has announced an agreement to tackle VAT fraud on online marketplace platforms, committing online marketplace signatories to a number of measures...

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How might Brexit affect UK tax policy?
Brexit & Economy

How might Brexit affect UK tax policy?

6y Santhie Goundar

How might Brexit affect UK tax policy?

Nearly two years after the UK voted to leave the European Union, it is still not totally clear what impact Brexit will have on Britain. However, one a...

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How to handle VAT refund delays
VAT

How to handle VAT refund delays

6y Santhie Goundar

How to handle VAT refund delays

It happens sometimes: your business is owed a VAT repayment, but delays in receiving the money from HMRC occur for some reason. How does this happen, ...

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UK to exit EU VAT regime in January 2021
Brexit & Economy

UK to exit EU VAT regime in January 2021

6y Richard Asquith

UK to exit EU VAT regime in January 2021

Traders face major costs and admin requirements as a result Read More...

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VAT and the EU: what’s new?
VAT

VAT and the EU: what’s new?

6y Rob Janering

VAT and the EU: what’s new?

There have been several updates and proposals issued by the EU in recent months which, if adopted, could significantly change the way that VAT needs t...

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How to handle overpayment of VAT
VAT

How to handle overpayment of VAT

6y Accountancy Age

How to handle overpayment of VAT

How do VAT overpayments occur, how should VAT refunds be claimed from HMRC and what are the implications for interest on overpayments? Read More...

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EU parliament to launch tax inquiry in the wake of the Paradise Papers
Legal

EU parliament to launch tax inquiry in the wake of the Paradise Papers

6y Accountancy Age

EU parliament to launch tax inquiry in the wake of...

The committee's remit will cover EU VAT fraud, non-dom rules and the EU tax haven black list Read More...

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Is HMRC’s increased VAT take unfairly impacting small businesses?
HMRC

Is HMRC’s increased VAT take unfairly impacting small businesses?

6y Accountancy Age

Is HMRC’s increased VAT take unfairly impacting sm...

VAT receipts now make up 21% (£124bn) of HMRC’s tax take, up from 16% during the recession, but this can cause cash flow problems for small businesses...

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VAT simplification: What are the OTS recommendations?
VAT

VAT simplification: What are the OTS recommendations?

6y Accountancy Age

VAT simplification: What are the OTS recommendatio...

The Office of Tax Simplification's report on the UK VAT system calls for a review of the registration threshold, VAT administration and rate structure...

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HMRC victorious in £1.25bn VAT dispute with Littlewoods
HMRC

HMRC victorious in £1.25bn VAT dispute with Littlewoods

6y Accountancy Age

HMRC victorious in £1.25bn VAT dispute with Little...

Ending a decade long legal battle, the Supreme Court has ruled HMRC does not have to pay Littlewoods £1.25bn in compound interest Read More...

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HMRC ‘slow to act’ on VAT fraud, tougher stance needed for online marketplaces
HMRC

HMRC ‘slow to act’ on VAT fraud, tougher stance needed for online marketpla...

7y Accountancy Age

HMRC ‘slow to act’ on VAT fraud, tougher stance ne...

The Public Accounts Committee has called on HMRC to act with urgency to tackle VAT fraud, and disputed that the revenue authority has the ability to c...

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EU tax authorities: Anti-fraud measures and a grab for cash
VAT

EU tax authorities: Anti-fraud measures and a grab for cash

7y Nicholas Hallam

EU tax authorities: Anti-fraud measures and a grab...

Tax authorities across Europe are cracking down on VAT fraud in an effort to close the VAT Gap. What are the measures being implemented by EU Member S...

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HMRC collects an extra £3.4bn from SMEs in underpaid VAT
HMRC

HMRC collects an extra £3.4bn from SMEs in underpaid VAT

7y Accountancy Age

HMRC collects an extra £3.4bn from SMEs in underpa...

VAT revenue made up 49% of the additional tax take from SMEs following HMRC investigations into SME tax compliance Read More...

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Court upholds ruling against HMRC’s position in Sports Direct EU VAT case
HMRC

Court upholds ruling against HMRC’s position in Sports Direct EU VAT case

7y Accountancy Age

Court upholds ruling against HMRC’s position in Sp...

The Upper Tribunal Court has upheld a ruling in favour of Sports Direct and against HMRC’s position that the retail company owed millions in EU VAT Re...

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Making Tax Digital – still full steam ahead?
Making Tax Digital

Making Tax Digital – still full steam ahead?

7y Accountancy Age

Making Tax Digital – still full steam ahead?

The recent announcements around MTD place VAT firmly at the forefront of the programme – but where does that leave MTD for other taxes? The CIOT’s Mar...

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Making Tax Digital delayed to 2020 at the earliest for taxes other than VAT
Making Tax Digital

Making Tax Digital delayed to 2020 at the earliest for taxes other than VAT

7y Accountancy Age

Making Tax Digital delayed to 2020 at the earliest...

The government announces reformed MTD timetable and when to expect the Summer Finance Bill Read More...

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