VAT Updates Autumn 2015

by | Oct 19, 2015 | Uncategorized

VAT Rulings We are increasingly discovering that HMRC respond to a request for a VAT ruling by stating that a ruling is not required as the matter is covered by publicly available guidance.  In this case, the business may submit another request for a ruling (if any...

Understanding VAT

by | Oct 5, 2015 | Uncategorized

What is value added tax (VAT)? Value added tax is a tax levied by the government on sales of goods and services. All businesses which have an annual turnover of more than the current VAT threshold – currently £82,000 – must register for VAT and complete a quarterly...