VAT Advice

…as annual accounting, cash accounting or flat rate? How do I charge, collect, record and pay over VAT? VAT and charities VAT liability of income VAT reliefs on purchases VAT

Property VAT pitfalls – 4

…Five ways to lose a fortune in VAT This is the fourth in a series of five blogs describing some of the VAT problems that can arise in property…

Property VAT pitfalls – 3

…Five ways to lose a fortune in property VAT This is the third in the series of blogs describing some of the VAT problems that can arise in property…

Property VAT pitfalls – 2

…Five ways to lose a fortune in VAT This is the second of a series of blogs describing some of the riskier aspects of VAT – simple, common errors…

Are you ready for the digital VAT changeover?

…£85,000 will by law have to keep electronic accounting records and submit their VAT returns using approved software, advises Top 30 advisory firm, Bishop Fleming, which is warning that many…

Property VAT pitfalls

…recovery of the initial VAT is subject to a potential annual adjustment for each of the 10 years following purchase. So, if the business were to change, and use the…

VAT danger on hotel booking website commission

…A number of hotels have recently encountered problems with over claiming VAT on fees charged by hotel booking websites, resulting in action by H M Revenue & Customs (HMRC)…

VAT on charity income – grants and services

…HMRC has issued detailed guidance on when charity income can be treated as a grant and thus outside the scope of VAT, and when it is a payment for…

Brexit and VAT

…Bishop Fleming’s VAT Director provides some initial guidance on VAT and Brexit. VAT is a “European tax” and was introduced in the UK as part of our original accession…

Robert Bailey, Tax Director with Bishop Fleming Chartered Accountants in Truro

VAT on commercial property – the biggest VAT bill you will ever pay?

…The Bishop Fleming VAT team have had a flurry of cases recently assisting clients with options to tax that have been improperly documented. If you buy a new commercial…

 
 
1 2 3 37
 
 
The logo for Kreston International Investors in clients logo British accountancy awards finalist 2016 logo ICAEW logo Sunday Times Top 100 Best Companies 2018 logo Cyber Essentials web footer