HMRC VAT visits and saving money

It is a normal activity of HM Revenue & Customs (HMRC) VAT Officers to visit your business, to inspect the VAT records and check whether the correct amount of VAT is being paid or reclaimed. More

Brexit and EU VAT updates

EU VAT update Regardless of the outcome of the Brexit negotiations the EU will continue to develop its VAT system and UK businesses will continue to supply customers throughout the EU. More

Do damp proofing products save energy?

Currently it is possible to qualify for the reduced rate of VAT (currently 5%) when supplying and fitting energy-saving materials in existing residential accommodation. More

Why you might want to opt to tax your property

Why opt to tax a property?   If your VAT registered business always intends to use a commercial property entirely for the purposes of your own trade you can, subject to any partial exemption restrictions,. More