by Marie Stein | 10 Sep, 2020 | Newsletter
Hi there Lots of everyday VAT issues this month. Stamp duty and VAT: Revenue & Customs Brief 20/11 https://tinyurl.com/y32bdmzb contains guidance for landlords when the terms for leases with existing clients are varied. Very helpful guidance at this time when... by Marie Stein | 2 Sep, 2020 | Management services
I’m sure that most of us have received a decision from HMRC about tax that we feel is wrong. You may think that a similar business is paying less VAT, or you may disagree with HMRC’s interpretation of the rules; or in some cases you feel that they have just... by Marie Stein | 2 Sep, 2020 | Management services
The most common query I receive about VAT and residential renovations is if/how you, as the property owner, get the 5% reduction for goods and materials. Unfortunately, you can’t. This is because the 5% ONLY applies to goods and materials that are supplied and... by Marie Stein | 6 Jul, 2020 | Management services
It’s good that the shops are beginning to open and we’re getting some sense of “normality” back into our lives. To say that it will be a long road back is an understatement. And, of course, every commentator seems to have their own ideas... by Marie Stein | 26 May, 2020 | Residential Property
Property developers, VAT and COVID 19 As if there’s not enough to think about at the moment, property developers need to be extra careful with short term lets of new or newly converted domestic properties. Or they could end up with unexpected VAT bills. The property... by Marie Stein | 26 Feb, 2020 | Residential Property
Spring must be in the air because I’m receiving lots of queries about renovations and conversions. Or maybe it’s the effect of Brexit? Either way things seem busier in the property world at the moment. 2 year and the 10 year unoccupied rules One of the... by Marie Stein | 28 Jan, 2020 | Newsletter
So it’s happening. The UK is formally due to leave the EU at 11pm this Friday, January 31, 2020. This is a key event for the UK, particularly business owners who have to deal with the practical implications of Brexit. HMRC guidance HMRC has issued a LOT of... by Marie Stein | 25 Nov, 2019 | Management services
I have tried to come up with an interesting and snappy title for this blog. But I just can’t think of one. So I decided to go straight for the jugular and state the obvious: you can ONLY claim VAT that has been correctly charged. This means that VAT registered... by Marie Stein | 21 Oct, 2019 | Management services
Interesting blog that discusses the downsides of self-employment by a well-known business coach, the stuff they don’t tell you about and why it’s not always the right thing for everybody: http://tinyurl.com/yxwqvydu by Marie Stein | 20 Oct, 2019 | Management services
The difference between VAT exempt sales and zero-rated sales can make a difference to your profit. If you’re a bit confused, check out my (short!) video blog, in our “Back to basics” series, where I explain how it all...