Currently Browsing: Value Added Tax

VAT on gifts and samples
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VAT on gifts and samples

August 2026

VAT on gifts and samples  Businesses which give away free gifts or samples need to be aware of the VAT implications to ensure…

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When an incomplete VAT invoice is issued
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Incomplete VAT invoice

July 2026

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…

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temporary reduction in VAT
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Temporary reduction in VAT

July 2026

Temporary reduction in VAT on children’s meals and certain attractions  On 21 May 2026, the Chancellor announced a temporary reduction in the…

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VAT Traps for small business
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NewsValue Added Tax

VAT traps for small businesses

May 2026

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,…

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