by Marie Stein | 16 Feb, 2010 | supply
Q: My sole trader business creates and builds new longcase clocks, the vast majority of which are sold directly to buyers in the England and the EEC. Last year I decided to set up a separate business selling clock mechanisms to self builders. All of the mechanisms are...
by | 9 Apr, 2009 | Management services, supply
Q: Hopefully an easy question (to which I cannot find an answer at HMRC). I have two subsidiaries within the Group of companies. One is UK based the other is based in Dubai. The MD from Dubai arrives in UK. The UK company hires a car for him. Invoice is presented to...
by Marie Stein | 16 Jan, 2009 | supply
Q: I am filling in first vat return since registering.I have a loan on a van. How do I work out the vat so far paid and claim it back. Cheers Dean. A: I assume you mean VAT on the van purchase? VAT isn’t charged on loan interest. As far as the van is concerned, you...
by Marie Stein | 16 Jan, 2009 | supply
A few further developments this week to report. First, HMRC has announced that it will now be possible to pay certain taxes, including VAT, by certain credit cards online. See here http://www.hmrc.gov.uk/payinghmrc/credit-card.htm for further details. VAT Notes No 4,...
by Marie Stein | 13 Jan, 2009 | supply
Just before Christmas, HMRC issued a Consultation Document about the proposed changes to the place of supply rules that are due to be introduced between 2010 and 2015. It can be downloaded here...
