Taxman backs down on VAT flat-rate scheme

24th October 2011

The Institute of Taxation recently got took up the cudgels with the Taxman over incorrect guidance it has published. This might have caused businesses using the flat-rate scheme to wrongly pay VAT on investment income. What's the full story?

VAT due on employee benefits from January

24th October 2011

It's taken over a year for the Taxman to decide what to do following the EU ruling regarding VAT on certain employee benefits. He's now issued guidance. What does this say and how should you implement the change?

Changes to EU sales reporting

7th February 2012

If you're registered, your VAT return must include figures for EU purchases and sales, but you might also be required to provide EC sales list or Intrastat reports. When do these apply and how are they changing?

A new way to contact the Taxman

17th January 2012

The Taxman has at last agreed to accept e-mails, but only for VAT queries. What are the drawbacks and advantages to using this service?

VAT-efficient Promotions

23rd February 2012

These days everyone is more price-conscious. Sales promotion schemes are a good way of enticing new business or keeping hold of existing customers. How can you make these schemes VAT efficient?

Maximising VAT claims on property development

27th March 2012

Property prices seem stagnant, while building costs just keep going up. However, maximising your VAT recovery on these can ease the pain a little. How is this done?