• Leaving the VAT Flat Rate Scheme.

    Leaving the VAT Flat Rate Scheme

    The VAT Flat rate scheme is a simplified scheme for smaller businesses. 

  • More from HMRC about what happens to VAT on Services after Brexit.

    More from HMRC about what happens to VAT on Services after Brexit

    HMRC have issued further guidance on what will happen to VAT on services after Brexit.

  • More time to pay back deferred VAT and tax.

    More time to pay back deferred VAT and tax

    At the start of the pandemic, VAT registered businesses were given the option of deferring payment of ant VAT that fell due in the period from 20 March 2020 to 30 June 2020.     

  • Paying back deferred VAT

    Paying back deferred VAT

    At the start of lockdown, the Government announced a number of measures to help businesses weather the pandemic.     

  • Reduced rate of VAT for hospitality and leisure.

    Reduced rate of VAT for hospitality and leisure

    The hospitality and leisure industries have been severely affected by the Coronavirus pandemic. 

  • Rishi Sunak's  Winter  Economy Plan.

    Rishi Sunak's Winter Economy Plan

    Rishi Sunak's Winter Economy Plan.

  • Winding up a business.

    Winding up a business

    The decision of how and when to cease a business is usually prompted by a combination of three main factors - market conditions, market forces, and life changes. 

  • Flat rate scheme (FRS) for VAT

    Flat rate scheme (FRS) for VAT

    The VAT flat rate scheme (FRS) is used by many small businesses to help simplify their VAT reporting obligations, although some VAT experts would argue that the scheme is not simple to use.

  • Brightly coloured dice labelled “VAT” on a stack of Euro coins.

    VAT registration – sooner or later?

    Once a business is up and running, the next major administrative area to be faced often concerns the subject of VAT....