UK VAT if the Price Changes

How to handle UK VAT if the Price Changes

HMRC have announced new rules from 1 September 2019 for how to handle UK VAT if the price changes. How do you deal with VAT adjustments if prices are decreased or increased? Price adjustments can occur a long time after […]

VAT claims on cars.

VAT claims on cars. Is it business or personal?

A refreshingly unexpected decision from the tribunal that three cars (an Audi A8, a Mini Cooper and a Porsche Cayenne), kept at the director’s home address were not available for private use – with the result?  Full input VAT recovery! […]

UK VAT Bookkeeping

UK VAT Bookkeeping

The mesmerising mess surrounding the failed VAT appeal made by First Agency Limited (TC06593).  This should be a lesson to everyone to get their house in order and understand why you need good UK VAT Bookkeeping.  The taxpayer lost nearly […]

VAT Dangers of Business Separation

VAT Dangers of Business Separation

There is a seemingly endless debate about whether the £85k VAT registration limit creates an obstacle for small businesses.  This was brought out again in the surprisingly successful tribunal appeal made by Darren Vaughan (TC06910).  Although he had a very […]

What is a new building?

What is a new building?

‘What is a new building?’ sounds like an incredibly easy question to answer but it has had everyone jumping through hoops for decades.  Here we see another decision in the tribunal adressing this old chestnut.  Proving yet again that when […]