VAT post Brexit
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FAQ on how VAT rules have changed for British companies selling UK stock globally, now that the United Kingdom has left the European Union.
Frequently asked questions from Markel Tax on value added tax.
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FAQ on how VAT rules have changed for British companies selling UK stock globally, now that the United Kingdom has left the European Union.
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FAQ on whether a medically-trained therapist, providing services such as meditation techniques to improve clients' mental health, can claim a VAT exemption for supplies under the health exemption, even though they are not a member of any health professional body.
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FAQ on whether a decorator is able to quote 20% VAT for their services, when working on a property that houses a VAT exempt service.
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FAQ about whether my café client can benefit from the reduced VAT rate and the Eat-Out-to-Help-Out scheme, introduced in response to COVID-19.
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FAQ about whether VAT should be charged on the sale of goods, if the proceeds of the sale are donated to charity.
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FAQ on whether income from government loans and grants to support businesses during the Covid-19 pandemic are subject to VAT.
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FAQ on how what my client should do to rectify a error that was spotted when they were reviewing their VAT returns over the last 12 months.
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FAQ on on whether a VAT registered company can claim VAT back for round sum payments or allowances.
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FAQ on whether a client, who provides both taxable and exempt supplies, can reclaim the VAT back in relation the exempt supplies.
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FAQ on whether a client, who has two separate business, needs to register for VAT given his combined income.
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FAQ on whether a client, who is a builder on the Flat Rate Scheme, can use the second hand margin scheme when selling a vehicle at a value less than the price he originally paid for it.
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FAQ on how an architect client should treat his occasional outsourcing to other architect firms, who are not VAT registered, and whether their work should be entered in box 7.
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FAQ on whether a client can reclaim VAT on a vehicle purchased prior to incorporating his business, when he was working as a sole trader.
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FAQ on whether a client has to retrospectively input a large volume of purchase data captured in ledgers into his digital records to comply with Making Tax Digital.
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FAQ on whether a UK-based consulting company, providing strategy consultancy services to USA and Canadian based businesses only, can avoid VAT on general business costs and and sub-contracted services.
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FAQ on whether a flooring contractor should zero rate a whole invoice for materials used to fit out a new build dwelling, which included a mixture of hardwood flooring, carpets and ceramic floor tiles.
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FAQ on whether the new domestic reverse charge for construction services coming in from 1 October 2019 will affect my client supplies, who supplies construction services, usually as a sub-contractor to a main contractor.
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FAQ on whether a client, who is a central heating engineer, is correct in stating that work they carried out to install a new central heating system in the home of a disabled person is eligible for zero rating.
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FAQ on whether the sale of a property can be classed as a transfer of a business as a going concern (TOGC) for VAT purposes, as the occupier, who is buying the premises, rents out part of the building to a third party.
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FAQ on an accountants's obligations under MTD, when working for a retailer client who is unable to download transaction data into a format that can be uploaded into accounting software.