by Marie Stein | 10 Mar, 2010 | General VAT
6 March 2010 New Inaccuracy penalty HMRC announced new details of the new inaccuracy penalty to take effect from 1 April 2010, including the potential application of the penalty to third parties, eg tax advisors or agents. Setting up reminders for VAT Online Services...
by Marie Stein | 10 Feb, 2010 | General VAT
Q: Hi I’m a newbie at this so hoping I have posted in the right place. Was out for a meal the other night with various friends etc several of whom are sole traders. As always they manage to turn every conversation around to business when intended for pleasure! I...
by Marie Stein | 10 Feb, 2010 | General VAT
HMRC has issued the following new notices: 4 February 2010 Updated Notice 701/21A: Investment Gold Coins which explains the exemption applying to investment gold coins. 8 February 2010 Revised Notice 60: Intrastat which contains updated information about Intrastat...
by Marie Stein | 1 Feb, 2010 | General VAT
Q: Hello there, I submitted my first Flat Rate VAT return at the end of last October. Unfortunately, due to some confusion between myself and a third party company I use to do my invoicing for me, the “Total VAT Inclusive Turnover” I submitted in Box 6 of...
by Marie Stein | 24 Jan, 2010 | General VAT
The old issue of “is it planning or is it avoidance?” comes up regularly in VAT. Cross border transactions within the EC where different member states have different interpretations of the EC rules often cause concern to HMRC. HMRC has recently published the latest...
