VAT

For a wealth of advice and information on aspects of VAT, including essential tips for VAT planning, and how to survive the VAT inspector's visit, visit our VAT guides.

The standard rate of VAT increased on 4 January 2011 from 17.5% to 20% and it is envisaged that this rate will remain in force until at least 2014.

VAT

An introduction to VAT

What is VAT?

Value added tax

VAT rates, registration and deregistration limits.

Bad debt relief

Under the normal rules of VAT, a supplier has to account for output tax even if the supply has...

Issuing VAT invoices

Where a VAT registered person makes supplies of goods...

Recovering VAT on staff expenses

Although the VAT rules normally prevent you reclaiming VAT on supplies that are not made direct...

Fuel scale charges

Fuel scale charges for VAT for use from 1 May 2011

Fuel scale charges for VAT

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When to add VAT?

This subject has been causing confusion for the whole 35 years we have had VAT in the UK. There...

Impact of the card protection plan case

Affiliated to the subject of recharges is the issue of how to differentiate between single and...

Deregistering for VAT

Deregistration from VAT is usually a fairly...

The VAT change on 4 January 2011 (for reference purposes)

The significant VAT announcement in the Emergency Budget was the increase in the standard rate...

Cash accounting scheme

Cash accounting enables you to account for VAT on the...

Flat rate scheme

This scheme is designed to reduce the cost of complying with ...

Annual accounting scheme

Under annual accounting, you make agreed payments on account and need complete only one VAT...

VAT do's and don’ts

If you need to check you are being given a valid VAT number you can call HMRC's national advice...

The VAT man cometh

One of life's certainties is that if you are a VAT ...

How to survive the enforcement powers

The complicated penalty system for VAT errors has...

Group VAT registration

VAT grouping occurs where two or more corporate bodies, usually companies or limited liability...

VAT

VAT