by | 12 Jan, 2009 | supply
See the HMRC news site here http://www.hmrc.gov.uk/news/index.htm for VAT Info Sheets 01/09 and 02/09 which include information respectively about a change of VAT rate in Lithuania and exchange rates for non-EC businesses registered for VAT in the UK using the Special...
by | 12 Jan, 2009 | supply
HMRC have published Revenue & Customs brief 63/08 here http://www.hmrc.gov.uk/briefs/vat/brief6308.htm which confirms their view about the VAT liability of MCB and gaming machine takings. In December 2005, UK law was changed to make takings from gaming machines...
by Marie Stein | 8 Jan, 2009 | supply
Q: What are the main differences between VAT and GST ? A: I’m not sure that I can give you a detailed reply to your question as I am not an expert on GST and can only comment on what I understand to be the main differences. Also we have to be a bit careful about...
by | 7 Jan, 2009 | supply
Q: We have just set up a new company. We have ticket sales (for an event) of 15,000GBP (gross). How much VAT will be payable to HMRC at 15% VAT? A: Hi I’m assuming that the company is registered for VAT and that the event is a taxable event. There are some exemptions...
by | 29 Dec, 2008 | supply
HMRC have published a consultation document on the proposed changes to the place of supply rules here...