VAT
Shipleys provides insight and analysis on the current issues facing clients in their personal and business affairs.
To download copies of these briefings simply click on the image or the title link.
If you would like further advice on any of these topics please get in touch with your usual Shipleys contact or email advice@shipleys.com
 |
|
An outline of the VAT laws surrounding mail delivery services. |
 |
|
Some of the key facts and figures about VAT and related systems such as Intrastat can be found in this article. |
 |
|
An announcement was posted on the HM Revenue & Customs website on 25th February 2010 notifying a change of policy regarding the date that cheque payments sent by post are deemed to have been received. |
 |
|
A summary of the initiatives HMRC is introducing to harmonise the multitude of penalty regimes that apply to the various taxes and duties it administers. |
 |
|
HM Revenue & Customs has announced the introduction of simplified partial exemption de minimis tests. These will enable businesses to work out whether or not they can treat themselves as fully able to recover input VAT without having to perform a full partial exemption calculation. |
 |
|
HM Revenue & Customs is continuing to update the penalty regime in respect of indirect taxes and is introducing a 'VAT and Excise Wrongdoing Penalty' with effect from 1 April 2010 |
 |
|
This summary outlines the problems relating to reclaiming foreign VAT and how to overcome them. |
 |
|
The return of the UK standard rate of VAT to 17½% on 1 January 2010 has been widely criticised, this article highlights some of the finer points. |
 |
|
VAT Registered businesses should be aware of the rules relating to the increase of VAT back up to 17½%. |
 |
|
A summary of the cross- border VAT changes that are coming into place from the 1 January 2010, relevant to any business that makes intra EU supplies of services or has incurred VAT in other EU countries. |
 |
|
HM Revenue & Customs has announced plans to phase out paper VAT returns with effect from 1 April 2010. From that date all new VAT registrations and all existing VAT registrations with turnover of more than £100,000 will be obliged to file online. |
 |
|
If you occasionally import or export goods to or from the EU, new VAT rules apply from 1st July 2009. |
 |
|
If your annual turnover (excluding VAT) is £1,350,000 or less you may be eligible to calculate your VAT payments using the cash accounting VAT scheme. |
 |
|
The VAT penalty system and the VAT error threshold have both been amended resulting in a regime that requires fewer errors to be separately disclosed to HM Revenue & Customs but a greater risk of being penalised for making mistakes. |