Article Database

Search results: 9 article(s) found in year 5, issue 9

INPUT TAX

Good news for charities

Changes in Budget 2015 will now allow charitable hospices to recover VAT relating to their non-business activities. What’s the full story? More...

REGISTRATION

Look out for the registration trap

Registering a business for VAT has never been straightforward. But now you need to monitor any applications for VAT registration or you could fall foul of HMRC’s aggressive new attitude to penalties. What’s to know? More...

PARTIAL EXEMPTION

Improve your VAT recovery

If yours is a partly exempt business you don’t have to include all of your exempt income in your partial exemption calculation. But what will HMRC let you leave out enabling you to maximise your VAT recovery? More...

DISBURSEMENTS

Does HMRC understand disbursements?

Disbursements is a subject that even trips up HMRC. Many businesses pay costs on behalf of their customers but when do they count as disbursements? What can you teach HMRC? More...

PENALTIES

Do you have a reasonable excuse?

You know that if you send in your VAT return or payment late you will find yourself in the penalty regime. But can you avoid such a penalty if there’s a reasonable excuse for your tardiness? More...

PAYMENTS

How to delay paying your VAT

If you supply services over prolonged periods and invoice periodically, you can take a few simple steps to postpone the payment of output tax and ease your cash flow. What are they? More...

VAT CASES

Liverpool Muslim Society v Revenue & Customs [2014] UKFTT 1080 (TC). Registration

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Last updated: 07.08.2020

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