Tax Team of the Year

Tax Team of the Year

All of us at AVS VAT had been so very proud to be nominated as Finalists in this year’s Accounting Excellence Awards as Tax Team of the Year so we were really excited to go to the big reveal at […]

How to claim VAT on Bad Debts

How to claim VAT on Bad Debts

The recent VAT tribunal case of Regency Factors plc provides a salutary lesson on how to claim VAT on Bad Debts under the Bad Debt Relief (BDR) and, perhaps more importantly, how to avoid problems with the claim. The Upper […]

MTD imposed on everyone

MTD’s being imposed on everyone

HMRC have published a policy paper outlining the final phase of Making Tax Digital (MTD) for VAT returns which means that from April 2022 MTD’s being imposed on everyone . So far the only VAT registrations that have had to […]

Postponed VAT Accounting - what is it?

Postponed VAT Accounting – what is it?

Overshadowed by Brexit and the mayhem that came with it, Postponed VAT Accounting was introduced in the UK with effect from 1 January 2021.  It is a beautiful rose amongst the thorns of the past eighteen months, but sadly seems […]

Is VAT due on commission?

Is VAT due on commission?

I have heard this question asked countless times: ‘Is VAT due on commission?’.  Such a simple question but with a real can of worms for an answer.  The reason for that is, not only can commission be paid on just […]

Business of the Year Award

Business of the Year Award

We are all as pleased as punch to have won this fantastic Business of the Year Award at last night’s Inspiring Hertfordshire Awards organised by Herts Chamber of Commerce.  Thank you soooo much!!!! It was a fantastic feeling to have […]