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VAT revenues hit record levels as businesses pay off debt

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HMRC has revealed it collected a record £157.2bn from VAT in the last financial year, after businesses paid the bills they had deferred during...
VAT

New guidance published on best time to sign up to MTD for VAT

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HMRC has published new guidance on exactly when companies new to MTD for VAT should complete the sign-up process. All VAT-registered traders must comply with...
VAT

VAT penalty and interest reform delayed

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Planned reforms of the VAT penalty and interest regimes for late filing and payment, which were originally due to take effect from April this...
VAT

How to avoid the VAT commissions trap

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Melanie Lord of AVS VAT explains why the thorny issue of VAT on commissions should ring alarm bells for the wary accountantIs VAT due...
In Practice Blog

VAT and 2021 could be the Perfect Storm

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There is a gathering storm in the world of VAT. Melanie Lord highlights some of the issues you should be aware of. Just when you...
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