Tips & Advice VAT - Online Only
Your ultimate digital resource for mastering VAT management
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Description
VAT management can be overwhelming, but with the right guidance, you can stay compliant and avoid costly errors. This trusted digital newsletter offers clear, expert-backed insights that simplify complex VAT rules.
Designed for business owners, accountants, and anyone involved in the administration of VAT, our resource provides easy-to-apply strategies, HMRC updates, and practical solutions, ensuring your VAT responsibilities are handled efficiently. Plus, with supporting materials, you’ll always have the confidence to make informed and legally secure VAT decisions.
Summary of last issue
VAT Returns
10th July 2026
HMRC warning on weekend deadlines
HMRC has issued a reminder that returns should be submitted and paid on or before the statutory deadlines, even if the due date falls on a weekend or public holiday. What does this mean?
Selling A Business
10th July 2026
Can sale with no goodwill charge still qualify as TOGC?
You are selling an unprofitable part of your business but the sale does not include any charge for goodwill due to trading losses. Can the sale still qualify as the transfer of a going concern and what conditions must you meet?
Capital Goods Scheme
10th July 2026
How does the scheme apply to a phased building project?
You intend to extend and improve your trading premises by carrying out a three-year investment project. How will your VAT returns be affected by the capital goods scheme (CGS), if at all?
Extra Statutory Concessions
10th July 2026
What concessions can help your business?
HMRC has been taking away a number of VAT concessions that have existed for many years. Why has this happened and what concessions could still be useful for your business?
Flat Rate Scheme
10th July 2026
Should you delay joining the flat rate scheme?
A subscriber is opening a gym and thinks that the flat rate scheme (FRS) might be suitable for their business because of the favourable rate of 8.5%. However, should they delay joining until spending to improve the facilities and equipment has been completed?
Output Tax
10th July 2026
Accounting for VAT if there is no cash payment
Your business has submitted repayment returns for the last two quarters and you are concerned that you might have underpaid output tax on some supplies where no money has changed hands. Are your concerns justified?
Technical Info
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