HMRC have become increasingly aggressive in their approach to applying penalties to VAT mistakes. So it makes sense to focus on this question of how to avoid VAT penalties or at least keeping them to an absolute minimum. A key […]
I never imagined I’d ever be typing ‘Happy 30th Birthday to us’. Where did the time go? It has made me reflect on what we have achieved in all that time and I can’t help being hugely proud of us. […]
In the space available this summary cannot hope to cover all of the VAT changes brought about by Brexit so you should think about your own situation in detail. This short summary aims to cover some of the main variables […]
Following Brexit, Postponed VAT Accounting (‘PVA’) was introduced in the UK and since January 2021 has been a great help to importers . It is a really useful simplification and valuable aid to cash-flow. This summary aims to explain what […]
A supplier can suffer twice where a customer does not pay their invoice – once for not being paid for the supply and second where the supplier has had to pay the VAT charge over to HMRC but not received […]
Brexit pushed a lot of businesses into having to deal with a lot of new rules which now form the nuts and bolts of moving goods around Europe so it is important to get them right. Understanding how Tariff codes […]