UK VAT on property – Vertical -v- horizontal
Property developers beware! It’s easy to think you should get VAT relief when you take an old pub and make 4 new maisonettes. Similarly if you take an old shop with a flat above and make a new pair of […]
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UK VAT & sport
Back in February I was more than a little cynical about the European Court of Justice (ECJ) being asked to decide whether playing duplicate contract bridge was taking part in a sport. I thought I’d be in good company with […]
Prospect of Simple UK VAT
Good news that the complicated bits of VAT are being reviewed by the Office of Tax Simplification to ‘ensure that the system is fit for purpose’. This is not a VAT rate review but maybe owes something to Brexit? You […]
UK VAT Flat Rate cost increased
The VAT flat rate percentage is rising to 16.5% in April 2017 for registrations that don’t buy in goods. If you know anyone using the scheme they need to keep their eyes peeled for news on this cost increase. To […]