VAT
For a wealth of advice and information on aspects of VAT, including essential tips for VAT planning, and how to survive the VAT inspector's visit, visit our VAT guides.
The standard rate of VAT increased on 4 January 2011 from 17.5% to 20% and it is envisaged that this rate will remain in force until at least 2014.
An introduction to VAT
What is VAT? Read more
Value added tax
VAT rates, registration and deregistration limits. Read more
Bad debt relief
Under the normal rules of VAT, a supplier has to account for output tax even if the supply has... Read more
Issuing VAT invoices
Where a VAT registered person makes supplies of goods or services to another VAT registered... Read more
Recovering VAT on staff expenses
Although the VAT rules normally prevent you reclaiming VAT on supplies that are not made... Read more
Fuel scale charges
Fuel scale charges for VAT for use from 1 May 2011 Fuel scale charges for VAT VAT fuel scale... Read more
When to add VAT?
This subject has been causing confusion for the whole 35 years we have had VAT in the UK.... Read more
Impact of the card protection plan case
Affiliated to the subject of recharges is the issue of how to differentiate between single and... Read more
Deregistering for VAT
Deregistration from VAT is usually a fairly straightforward process. However, there are some... Read more
The VAT change on 4 January 2011 (for reference purposes)
The significant VAT announcement in the Emergency Budget was the increase in the standard rate... Read more
Cash accounting scheme
Cash accounting enables you to account for VAT on the basis of payments received and made... Read more
Flat rate scheme
This scheme is designed to reduce the cost of complying with VAT obligations by simplifying... Read more
Annual accounting scheme
Under annual accounting, you make agreed payments on account and need complete only one VAT... Read more
VAT do's and don’ts
If you need to check you are being given a valid VAT number you can call HMRC's national... Read more
The VAT man cometh
One of life's certainties is that if you are a VAT registered business, sooner or later you... Read more
How to survive the enforcement powers
The complicated penalty system for VAT errors has been simplified, but it is not all good news... Read more
Group VAT registration
VAT grouping occurs where two or more corporate bodies, usually companies or limited liability... Read more
