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


In a remarkable burst of penny-pinching, HMRC have announced that they are no longer issuing pre-paid envelopes with VAT returns. They will still enclose an addressed envelope, but it will be up to the taxpayer to put a stamp on the envelope. They have not commented on whether an unstamped envelope will be put to… Read More