Early Termination Payments

Early Termination Payments & VAT

This is potentially a huge issue so please do not assume this doesn’t affect you, it might and it could be really big!! HMRC have announced an important change to how they see Early Termination Payments & VAT need to […]

Eat Out Scheme VAT Trap

‘Eat Out’ Scheme VAT Trap

Have you also been hearing the ‘Eat Out to Help Out Scheme’ being referred to as a discount? This is actually quite a scary misdescription as it could so easily lead to people into declaring the wrong amount of VAT. […]

HMRC policy on lease changes

HMRC policy on lease changes

It is extremely likely that nothing will be returning to normal anytime soon and that must surely be more true of commercial property than of almost anything else. Both landlords and tenants are busy renegotiating lease terms going forwards, in […]

VAT - is it one thing or two?

VAT – Is it One Thing or Two?

There are numerous old chestnuts in the world of VAT and one such is single -v- multiple supplies.  In English – for VAT – is it one thing or two? Should the sale be treated as one single thing with […]

VAT changes

Summer Statement VAT changes

The Summer Statement VAT changes were announced this week. Broadly speaking, along with generous SDLT reliefs to get the housing market moving, bonuses for employers retaining previously furloughed employees post January 2021 and a raft of apprenticeship schemes, HMRC has […]

VAT can be due on Health Related Services

VAT can be due on Health Related Services

There are always blurred edges around any VAT relief which is why this is where the danger lies.  Time and again we see cases in the tribunal where someone has assumed there is no VAT but HMRC disagree.  One of […]