Our charity and not-for-profit clients have asked us many questions about VAT over the years. Here we look at a small selection of those more frequently asked questions.
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Latest News & Events
Amazon and eBay face VAT liability bombshell as HMRC targets ‘sea change’ in attitudes
Unpaid VAT on online sales has become a huge issue in recent years, and has cost the Exchequer a vast amount in potential lost revenues.
UK bucks global trend for reductions in income taxes over the past two decades
According to our latest research, the UK is one of the few economies in the world to have increased income taxes for high earners over the past two decades.
Innocent businesses face heavy fines under new HMRC fraud proposals
According to our research, new proposals made by HMRC risk innocent businesses that unknowingly get caught up in VAT frauds being heavily fined.
Automotive case studies
Examples about how we have added value to our automotive clients’ businesses in the last 12 months.
HMRC smarting at VAT decision
Can VAT charged on an asset that gives rise to non-taxable income be reclaimed by the purchaser? In Frank A Smart & Sons Ltd  CSIH 77 the trader thought it could, however HMRC did not.
Another concession bites the dust!
The withdrawal of the concession means that the onward charge by profit-making clubs of the affiliation fee will be liable to VAT at 20% unless it meets the conditions of a genuine disbursement.