News

Going the distance: VAT on selling overseas - 8 February 2018

Much has been written about the VAT that is lost to HMRC by non-UK based businesses that sell over the …

What’s the chance of reforming VAT post-Brexit? - 17 January 2018

There’s a reason why political parties stay in power only for one, two or at most three terms.  It’s not, …

Reading between the borders: VAT, customs and Brexit - 9 January 2018

The Taxation (Cross-Border Trade) Bill 2017-19 has had its second reading in the House of Commons this week. VAT and …

VAT recovery: good news and bad news - 5 July 2017

If you’re a broker or FX trader who ignores VAT, you may be losing out on significant amounts of VAT …

Flat Broke: the new VAT rules - 23 March 2017

In some circumstances (principally, having turnover below £150,000 on entry) traders can elect to pay over VAT not by reference …

VAT Recovery on Management Charges? - 29 February 2016

Can a company which incurs VAT on costs incurred which relate to future supplies of management services, register and recover …

Claiming Pre- Registration VAT – Have HMRC Changed the Rules? - 29 February 2016

As many of us know, it should be possible to recover VAT on goods on hand at the date of …

Sveda input tax – significant implications for recovery on VAT on expenses - 17 February 2016

Free Goods & Services – Can VAT be Recovered on Costs? There are two recent cases which could have significant …