News

Welcome to our news section, where you can find all of our latest articles and newsletters, useful VAT advice and press releases. To ensure you never miss out on the latest news from The Vat People, why not sign up for our email newsletter?

Scroll down to read our news, explore our Advice Hub, read our latest newsletters and find out more about The Vat People Network.

DIY Housebuilders Scheme – multiple claims & sufficient evidence

The government’s DIY Housebuilders’ Scheme is a special refund programme that provides refunds on any VAT incurred on the costs of residential constructions or conversions undertaken on a DIY basis.

What Is the De Minimis Rule? VAT Explained

Correcting VAT Errors

Careless or deliberate inaccuracies that lead to an understatement of tax can result in a penalty being charged by HMRC. This penalty is expressed as a percentage of the potential lost revenue and can be as much as 100- of the lost revenue for deliberate and concealed actions.

Change in accounting for VAT on advance payments where no supply occurs

The VAT treatment of payments retained by businesses for supplies of goods and services that are not actually made to the customer is changing with effect from 1 March 2019. This will impact, amongst other areas, on sect..

Budget 2018: Significant VAT Change for the Construction Sector

VAT is a particularly complex tax for the construction sector, with multiple VAT rates potentially applying to a property development.

Brexit and VAT

As the UK prepares to leave the European Union (EU) on 29th March 2019, all businesses are tasked with making essential plans for how they will carry out their operations after Brexit. The VAT People has the expertise re.....

How Do I Raise a Dispute With HMRC

Do I Charge VAT as a Sole Trader?

Whether you need to register your business for VAT is determined by the value of your business’s taxable turnover, rather than the type of business in operation.You can register for VAT through mandatory or voluntary registration. When your business’s revenue exceeds the VAT registration threshold.

News

News

DIY Housebuilders Scheme – multiple claims & sufficient evidence

What Is the De Minimis Rule? VAT Explained

Correcting VAT Errors

Change in accounting for VAT on advance payments where no supply occurs

Budget 2018: Significant VAT Change for the Construction Sector

Brexit and VAT

How Do I Raise a Dispute With HMRC

Do I Charge VAT as a Sole Trader?

Rob McCann

Steve Howard

Tamara Habberley

Jack Ray-Atkins

David Miller