Category: VAT Focus

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CVC VAT Focus 9 August 2018

HMRC News  VAT Notices HMRC has updated the following VAT Notices: Health professionals and pharmaceutical products (VAT Notice 701/57) Physiotherapist and podiatrist independent prescribers have been added to the list of relevant practitioners. Postage stamps and philatelic supplies (VAT...

CVC VAT Focus 26 July 2018

HMRC NEWS HMRC publishes more information on Making Tax Digital HMRC has published further information on Making Tax Digital to support businesses and agents in the run up to the start of the mandatory Making Tax Digital VAT service...

CVC VAT Focus 12 July 2018

HMRC NEWS VAT grouping eligibility criteria changes This latest measure will allow certain non-corporate bodies to join VAT groups. For example a charitable trust which is VAT registered as a partnership may now be able to form a group...

CVC VAT Focus 31 May 2018

HMRC NEWS Imports and VAT (Notice 702) One must now report imports that are over £873 in value on a Single Administrative Document.   OTHER VAT NEWS We understand that HMRC has begun to contact firms directly regarding the...

CVC VAT Focus 17 May 2018

  HMRC NEWS VAT on antiques or art from historic houses (Notice 701/12) This explains which disposals of assets from historic houses are within the scope of VAT. HMRC and online marketplaces agreement to promote VAT compliance HMRC has...

CVC VAT Focus 26 April 2018

  HMRC NEWS HMRC has updated guidance on its website as follows: Register for VAT if you own land with another person Find out if you need to register for VAT jointly or as an individual when you buy,...

CVC VAT Focus 12 April 2018

PARTIAL EXEMPTION It is around this time of year that those businesses that are partially exempt are required to calculate their annual adjustment.  This adjustment must be made in the VAT return period ending June/July or August but can...

CVC VAT Focus 22 March 2018

PARTIAL EXEMPTION It is around this time of year that those businesses that are partially exempt are required to calculate their annual adjustment.  This adjustment must be made in the VAT return period ending June, July or August but...

CVC VAT Focus 08 March 2018

PARTIAL EXEMPTION It is around this time of year that those businesses that are partially exempt are required to calculate their annual adjustment.  This adjustment must be made in the VAT return period ending June/July or August but can...