VAT Blog

Where next for VAT avoidance: cashflow arrangements? Last week's budget was full of changes to tax and welfare spending, though only a couple of VAT changes that won't affect many businesses. But the Chancellor raised the issue of tax avoidance and increasing...

Inter-company and intra-company transactions and VAT: One of the most common causes of VAT errors on transactions with associated businesses is because people get their terminology muddled up. For VAT purposes, a “supply” is normally only made between separate legal...

Magna Carta and the rights of taxpayers in the 21st century.  This year is the 800th anniversary of the Magna Carta. I'm particularly interested in the subject in the context of tax collection. I sometimes think that people have a romanticized view of the Magna Carta....

If it moves, add VAT???  It must have been over 20 years ago when an accountant told me that his normal approach to things was that "If it moves, add VAT". At the time, it sort of made sense. VAT officers weren't particularly alert to dealing with overcharged VAT in...

What exactly is a management charge?  I've just released a new ebook VATWoman's Guide to inter-company services, management charges, cost sharing and much more... and one of the most important subjects is management charges. The book was written in response to queries...

Have you designed an app or written a video game or an e-book which is available online for sale to non-UK customers? Do you sell digital products to retail customers? It might be your main business activity, or you may design/write in addition to your “day job” or...

VATWoman's Guide to inter-company services, management charges, cost sharing and much more.. Dealing with VAT on transactions with associated businesses The purpose of VATWoman's Guide to inter-company services, management charges, cost sharing and much more is to...

New ebook: VATWoman's Guide to inter-company supplies, management charges, cost sharing and much more... Ever since we started www.vatexchange.co.uk in 2008, the most often visited page on the website has been an article about VAT on management services and other...

VATWoman's Guide to VAT and residential property development How to save VAT and manage the process Do you want to save time, money and avoid a lot of hassle? My new ebook will help to maximize your profits by saving VAT on costs and claiming as much as possible. It's...

Nine VAT reliefs for residential property development: these are the main situations when VAT reliefs apply: If you’re constructing new residential properties, the construction may be liable to the zero-rate of VAT. If you’re selling new residential properties, the...

One of my clients submitted a claim for VAT on services received from associated businesses.  HMRC refused to pay the claim for VAT on the inter-company services as they didn't believe that services were supplied?  This is despite the fact that there is a group...

VAT claim rejected because of lack of evidence that services were provided. One of my clients submitted a claim for VAT on services received from associated businesses. HMRC has recently refused to pay the claim because they don't believe that the business has...