Accounts -v- VAT returns values not matching can lead to problems with HMRC. One of the standard checks run by HMRC when reviewing an organisation’s records is to compare the statutory account with the VAT returns submitted. It is always […]
Rules surrounding Disaggregation and whether there is one business or two are important to consider. This can lead to the correct person not recognising the correct amount of turnover especially where one or both businesses is not VAT registered. We […]
You would certainly not be alone if you’d been feeling confused about VAT and Northern Ireland. There’s this large slice of illogicality sitting on top of the subject, it really is hard to understand. Worse, once you think you have […]
What do you do if you need a VAT registration but you can’t get one? I was thinking all of this through after reading that HMRC have admitted that they do in fact have significant delays in processing that registrations […]
When the world stopped and businesses were forced to grind to a halt because of Covid it was a great help to us all to not have to pay VAT due last Spring. But as with all debts, you can […]
With so little of 2020 left we have to face up to the fact that we are knocking on the door of Brexit. Despite still having some significant Brexit unknowns, the fact remains that Brexit is happening and really cannot […]