What do the latest HMRC announcements and VAT developments mean for businesses and tax advisors?
In this episode of the Tax Essentials for Advisors VAT Update, Ed Thompson covers the latest changes and cases you need to have on your radar – from the new Capital Goods Scheme threshold and HMRC's updated position on the VAT treatment of locum doctors, to a significant case involving missing trader fraud and VAT recovery.
Ed also looks at an area attracting increasing HMRC attention: VAT processes and controls, and what businesses should be doing to demonstrate that their procedures are robust.
Listen now for a concise overview of the latest VAT developments and the practical points tax professionals need to know.