by Marie Stein | 30 Apr, 2009 | General VAT
Q: I have had some building work done and the builder has issued invoices which show a VAT number. Before he started he said he was de-registering for vat and we wouldn’t have to pay it. Some invoices we have paid in cash and there is no vat on the invoices....
by Marie Stein | 28 Apr, 2009 | General VAT
Q: I run a small business from home as a Sole Trader and not VAT registered.When I buy stock from my suppliers I obviously pay VAT but what should happen when I sell the stock on to my customers?I don’t show any VAT on invoices/receipts but the amount I charge...
by Marie Stein | 24 Apr, 2009 | General VAT
Q: I submitted my 1st VAT return in Feb 09 and so far have not been paid for that return, an officer called me claiming to want to visit to verify the claim, when he did get here he was accompanied by another officer, they were here in total 3 hours askign allsorts of...
by | 11 Apr, 2009 | General VAT
Q: Hello, I have a question on VAT-exempt supplies. In recent months, I have been working on an M&A project, assisting a company to sell 100% of its share to an overseas buyer. The project has been completed as a subcontract to an M&A advisor. The advisor has...
by Marie Stein | 25 Mar, 2009 | General VAT
On 17 March, HMRC announced that it is reviewing its policy about allowing businesses to recover VAT on entertainment of overseas business customers. On 19 March, HMRC issued Revenue and Business Brief 13/09 about the VAT liability of unlimited access to all-inclusive...
