by Marie Stein | 18 Aug, 2011 | Management services
Recently, I’ve been thinking about HMRC’s role in the management of taxes in the context of VAT overpayments. When HMRC recently announced that they wouldn’t be appealing the ruling in Paymex Limited, I couldn’t get terribly excited because for the businesses...
by Marie Stein | 18 Jul, 2011 | Management services
The HMRC website states the following: “If you can’t find the answer to your question on the HMRC website, the quickest and easiest way is to ring the VAT helpline where you can get the most of your VAT questions answered.” So you’d expect that if you ring the...
by Marie Stein | 22 Jun, 2011 | Management services
The Flat Rate Scheme and Bank Interest. Certain bank interest should not be regarded as turnover for the FRS. This follows a recent decision by the First-Tier Tribunal about the treatment of bank interest. In January, the Tribunal handed down a decision in the case...
by Marie Stein | 12 May, 2011 | Management services
I’ve recently added a new section to the website which contains a summary of the main VAT rules relating to charities and links to the HMRC notices which contain more detailed information (see the link on the menu). As you’ll see, it’s a big topic. In fact, the...
by Marie Stein | 25 Apr, 2011 | Management services
VAT, construction and buildings: Anything to do with VAT and property always comes with a very strong health warning. This applies whether we’re talking about charity or non-charity property. In the case of charities, the rules are very detailed. While certain...
