Read More
Deregister or change a VAT scheme
What is the process should a business deregister or change its VAT scheme? Read our latest article to find out more… HMRC…
Continue readingCurrently Browsing: Value Added Tax
Read More
Income from side hustles
Many people are taking on a side hustle to make ends meet. This can take various forms, such as selling items online,…
Continue reading
Read More
Ensuring VAT is charged correctly
VAT is often thought of as a relatively simple tax; if a business is VAT registered, 20% VAT is usually charged. However,…
Continue reading
Read More
VAT on gifts and samples
VAT on gifts and samples Businesses which give away free gifts or samples need to be aware of the VAT implications to ensure…
Continue reading
Read More
Incomplete VAT invoice
When an incomplete VAT invoice is issued VAT-registered businesses can generally reclaim VAT on goods and services purchased for business purposes. However, for a…
Continue reading
Read More
Temporary reduction in VAT
Temporary reduction in VAT on children’s meals and certain attractions On 21 May 2026, the Chancellor announced a temporary reduction in the…
Continue reading
Read More
VAT traps for small businesses
While the rules regarding VAT compliance may appear straightforward at first glance, there are several common pitfalls that can lead to problems which, if not rectified,…
Continue reading