by Marie Stein | 15 Jan, 2019 | Management services
VAT and flipping dwellings One of the most common types of property developing is the practice of “flipping”; i.e. buying an existing dwelling, typically a house, renovating it and selling it. Very often these deals are done within a relatively short timescale,...
by Marie Stein | 7 Jan, 2019 | Management services
2019: VAT, Brexit and all that…. Well, here we are back again with Brexit on the news all the time And in typical British style, it’s beginning to feel like a Monty Python sketch or at least a real, honest to goodness, British farce. HMRC has issued some guidance and...
by Marie Stein | 3 Dec, 2018 | Management services
I know that I talk about management charges A LOT. And there is a VERY GOOD reason for it. For the 10 years or so thta I’ve been running this website, every month over 60% of all of the searches to this website contain the words “management...
by Marie Stein | 27 Nov, 2018 | Management services
HMRC has recently issued guidance to confirm the VAT exemption for management services for freehold owners of residential property. One of the most confusing issues relating to property is the VAT liability of the care, maintenance and repair of “common”...
by Marie Stein | 11 Nov, 2018 | Management services
Let me make this clear. I am NOT a pacifist and understand that sometimes, in life, you have to fight for your beliefs, your family, your belongings, your life, the life of others and our country. I would have done my duty for the country if necessary. But the thing...
by Marie Stein | 6 Nov, 2018 | Management services
The most common misunderstanding about VAT, renovations and conversions is when you can get the 5% VAT rate for good and materials, so I thought that I’d try to clear up the confusion. As I’ve explained below, there is a very important distinction...
by Marie Stein | 16 Oct, 2018 | Management services
Brexit is only a few months away, but with no deal on the table yet, there is very little definitive information about the VAT implications for businesses. HMRC has started writing to businesses with limited guidance so watch out for information, especially if you do...
by Marie Stein | 25 Aug, 2018 | Management services
Well it might have been hot and we might still be in the summer “silly season”, but HMRC has been busy with new Business Briefs and information about Making Tax Digital. Revenue and Customs Briefs Revenue and Customs Brief 7 (2018) “VAT – motor...
by Marie Stein | 19 Jul, 2018 | Management services
It’s certainly seems that serviced accommodation (“SA”) is the noisy kid in town at the moment; particularly in connection with the Tour Operators Margin Scheme (TOMS). If you’re not familiar with the TOMS, it’s a scheme for holiday...
by Marie Stein | 11 Jul, 2018 | Management services
I’ve had some fantastic feedback about my book “VAT on inter-company transactions and management services”, which is now available on Amazon in paperback. It deals with a range of everyday transactions, from cost sharing to disbursements to...
