We’re turning our attention to VAT in this latest issue, with key developments that could shape compliance, strategy and operations across multiple sectors. From updated guidance and consultation proposals to policy changes with long-term impact, this roundup is designed to help businesses stay informed and VAT-ready.
In this edition, we cover:
- Final VAT returns: HMRC gains formal powers to extend deadlines for deregistered businesses
- Updated VAT interest rates following the base rate drop
- Consultation on extending VAT relief for business donations to charity
- Charity fundraising events: VAT exemption clarified by the Upper Tribunal
- VAT grouping in the care sector: HMRC targets avoidance
- New verification process (CERTEX) for licensed goods moving into or out of Northern Ireland
- Major policy change on VAT recovery for pension fund management costs
Now is the time to review your VAT procedures and ensure you're positioned to respond to ongoing reform and enforcement changes.
