Are you ready for the digital VAT changeover?

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With only ten months to go before VAT registered entities have to keep digital records and use computer software to file their VAT returns online, a leading adviser is warning business owners to not bury […]

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Brexit Readiness

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With less than a year to go until the UK leaves the EU it is important for all businesses to start reviewing the impact which this huge change will have on their businesses. Although political […]

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VAT on charity income – grants and services

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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 a supply and potentially subject to VAT. It is very […]

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Wheels come off VAT law as Harley bikers ride to victory

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Contrary to the tax office’s interpretation of how VAT should work with charities supplying benefits to their members, a tax tribunal has ruled in favour of the Harley Davidson owners group that each element of its membership […]

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Making Tax Digital for VAT is just 12 months away

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The first stage of Making Tax Digital (MTD) will apply to all VAT registered businesses who are over the VAT turnover threshold (frozen at £85,000 until March 2020). From the first VAT return which starts […]

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Sage 50 Accounts – upgrade to file online tax forms

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Sage 50 Accounts users who are using old versions of the software will need to upgrade to carry on submitting reports to the tax office. Bishop Fleming’s Mark Smith explains what you need to do. […]

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CASC VAT dilemma – it’s just not cricket

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Community Amateur Sports Clubs (‘CASCs’) need to be very careful with VAT when undertaking building projects, as a recent case of a cricket club building a new pavilion clearly shows. Eynsham Cricket Club was a […]

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Recharging disbursements – should VAT be charged?

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A recent VAT tribunal case on disbursements explored the VAT treatment of search fees paid for by solicitors, and found that VAT should be charged when the cost is passed on to the client. Brabners […]

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VAT danger on hotel booking website commission

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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) to recover VAT plus penalties and […]

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Taxation article – Community enterprises

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Jon Sparkes, a tax director with Bishop Fleming and with nearly 20 years’ experience in advising charities and businesses on direct tax matters, has written an article on the tax issues of community enterprises and mutual […]

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