VAT Archives

What does the Autumn Budget 2021 mean for you?

Recorded the day after Chancellor Rishi Sunak made his Budget Announcement and presented by Owen Kyffin CTA and Luke Wiseman ACA directors of Whitley Stimpson, this webinar recording digests the measures announced in the Autumn Budget 2021 and outlines how it will affect you, your family, and your business.

Experts welcome Government delay to digital tax reforms

A delay to tax reforms which would have seen sole traders and small businesses obliged to keep digital records and report income quarterly to HMRC has been welcomed by financial experts.

Are you having issues understanding the VAT reverse charge?

It has been just over four months since the introduction of the domestic VAT reverse charge for building and construction services. This major change for the construction industry moved the responsibility to the customer who receives a construction service. Customers...

A practical guide to VAT in the post-Brexit world

Accounting for VAT has changed since we left the EU and things are still yet to change more. Are you up to date on everything?

Getting ready for the MTD extensions

Making Tax Digital (MTD) originally came into force from April 2019 in a bid to transform tax administration. There are now extensions to MTD being introduced which may affect those that are not currently required to follow the MTD rules.

Postponed import VAT accounting

As the UK is no longer a member of the EU, import VAT applies to all goods imported from the rest of the world into Great Britain (different rules apply for Northern Ireland) which do not qualify as small parcels (worth under £135). That import VAT will commonly be...