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


Once again I am headed off to Olympia in London for the Listed Property Show, for two days of providing one-to-one advice to those who perchance own a listed building. In addition, I will be giving a couple of talks about the riveting subject of VAT, which will doubtless provoke interest, boredom, or even sleep… Read More


Once again, changes announced by HMRC left me totally unmoved, as they announced the proposed changes some months ago. In short: A revised electronic means of reclaiming VAT incurred in other EU countries. Changes to the “time of supply” rules for intra-EU supplies. Changes to the “place of supply” rules for intra-EU supplies of services.… Read More


There is a reasonably good chance that you will not have heard the expression “Intrastat”, let alone know what to do with it! In short, the EU demand that each Member State collects statistical information on trade going between Member States. For certain levels of trade, this is collected using the “intrastat” procedure. Hitherto, the… Read More


The downturn in the property world has various effects. Not only are properties failing to sell, but there is a hidden sting in the tail. The reason for this is that when a developer constructs a new house for sale, he is entitled to reclaim the VAT that has been spent out on materials. If… Read More