• VAT

    What is VAT?

    VAT stands for Value Added Tax. It is a tax on goods and services sold in the UK.

  • VAT

    New VAT Penalty Regime: What You Need to Know About Late Submission Penalties

    A new penalty regime for VAT was introduced on 1 January 2023, comprising late submission penalties and late payment penalties.

  • Delayed

    VAT registration number delay announced

    HMRC are currently taking an inordinately long time to issue VAT registration numbers.

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