This is a way of dealing with your VAT payments that HMRC brought in as a measure to make it easier for taxpayers to complete their VAT returns.  Instead of doing them in the ‘normal’ way – pay over VAT on income, less VAT on expenditure, a business is able to take the gross… Read More


Pre-registration input VAT For those who are not aware of the concept, this is VAT spent out on goods and services, purchased prior to a business registering for VAT.  For years, this VAT has been claimable – up to four years before the registration date for goods; up to six months for services.  Therefore a… Read More


For years, HMRC maintained that a dwelling can only comprise one building.  Now, however, they do accept that a dwelling can have more than one building.  There are conditions, of course, for which see Revenue & Customs Brief 13/2016.  The difficulty with it is that, as ever, they pass the onus on to the contractor… Read More


Well, after several months of no activity on here, but lots of work activity, I thought it was about time I said a word or two about what important stuff is happening in the world of VAT. OK, I fibbed – it’s difficult to include the words ‘VAT’ and ‘important’ in the same sentence without… Read More