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Taxpayers will no longer receive an automatic penalty if they fail to submit their returns. Instead a new points based system w... read full story
Businesses are still able to use postponed VAT accounting (PVA) to account for import VAT on their VAT returns. Accounting for ... read full story
The Making Tax Digital (MTD) service for VAT will be closed this coming weekend and into Monday. HMRC has announced that ‘sched... read full story
Have you charged your customers less VAT than what you’ve paid on a purchase? If yes then HM Revenue & Customs (HMRC) will ... read full story
The VAT flat rate scheme (often abbreviated to VAT FRS) is an alternative way for small businesses to calculate how much VAT th... read full story
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