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VAT

Essential VAT issues.

This section contains introductory guides to the often very complex area of VAT.

Group VAT registration

Advantages and disadvantages of VAT grouping.

Recovering VAT on staff expenses

How to reclaim VAT on supplies made to your employees.

VAT - a summary

A general overview of the principles of VAT.

VAT - annual accounting scheme

A guide to the annual accounting scheme.

VAT - bad debt relief

The conditions and requirements of claiming VAT relief on bad debts.

VAT - cash accounting

A guide to the cash accounting scheme.

VAT do's and don'ts

Key actions to take and traps to avoid.

VAT - flat rate scheme

A guide to the simplified scheme for small businesses.

VAT - how to survive the enforcement powers

Making sure you comply with the rules.

Latest business news

UK tax system 'discourages employment and investment', IFS suggests

The Institute for Fiscal Studies (IFS) has suggested that the current UK tax system discourages employment, investment and corporate risk-taking and needs reform.

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HMRC waives self assessment penalties for a month

Self assessment taxpayers will not be fined for late online returns if they file by 28 February, HMRC has said.

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LITRG calls for rise in High Income Child Benefit Charge threshold

The Low Incomes Tax Reform Group (LITRG) has urged the government to raise the High Income Child Benefit Charge (HICBC) threshold to avoid it affecting basic-rate taxpayers for the first time in April.

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