by Marie Stein | 14 Jan, 2011 | Management services
I get no pleasure from writing blogs about this subject, but here I am again. Yet another situation where somebody has been given incorrect advice from HMRC because the officer didn’t know enough about the subject. This is the third time in the past couple of months...
by Marie Stein | 11 Jan, 2011 | Management services
The VAT DIY Housebuilders scheme is the scheme which enables private individuals who build their own home to recover VAT on the cost of certain goods. Commercial housebuilders can recover such VAT through their VAT returns and the purpose of the DIY Housebuilders...
by Marie Stein | 19 Dec, 2010 | Management services
Well it’s the final run up to Christmas and I imagine that most people won’t be able to do much between now and the new year in preparation for the 20% VAT rate. But here are just a few last minute reminders about things that can help every business deal with the new...
by Marie Stein | 19 Dec, 2010 | Management services
1. The important date is 4 January 2011! 2. The new VAT fraction will be 1/6. 3. Check out the new VAT rates for businesses using the Flat Rate Scheme. 4. Take advantage of the change of rate supply rules for supplies spanning the rate change. 5. Consider pre-payments...
by Marie Stein | 7 Dec, 2010 | Management services
28 days and counting! There are now just 28 days and only two full working weeks until the most significant rise in UK VAT history. And only one week if you’re one of those businesses who closes up shop before Christmas Eve. That’s not a lot of working days to make...