VAT Archives | Ellacotts | Banbury, Kettering and London

Budget 2020: predictions on Rishi Sunak’s tax announcements

20 Jan 2020 | Budget, HMRC, Personal Tax, Tax, VAT

The December 2019 General Election meant that the Autumn Budget that was meant to delivered by Sajid Javid, was delayed. The new Chancellor, Rishi Sunak will now deliver his first Post-Brexit Budget on Wednesday 11 March 2020. In summary, we are expecting that the tax...

Claim a VAT refund if you build a home – don’t leave it too late!

20 Dec 2019 | Farming & agriculture, Property, VAT

If you are building a new home or converting a non-residential building (such as a barn) into a home, you may be able to reclaim VAT on materials used under the ‘DIY Scheme’. The value of claims under this scheme can be significant. When do I need to submit my VAT...

HMRC postpone VAT reverse charge for builders until 2020

07 Oct 2019 | Tax, VAT

HMRC has announced a one-year delay to the introduction of the VAT domestic reverse charge for building and construction services. The reverse charge represents part of a government clamp-down on VAT fraud. According to the government, large amounts of VAT are lost...

Brownies are cakes and subject to zero-rated VAT in a recent case

09 Jul 2019 | VAT

Negotiating the VAT rules is a complex business. But one recent tax tribunal case – which the taxpayer won – made more entertaining reading than many.Afternoon tea is one of those quintessentially British institutions, its beginnings usually traced to one...

Budget 2020: predictions on Rishi Sunak’s tax announcements

Claim a VAT refund if you build a home – don’t leave it too late!

HMRC postpone VAT reverse charge for builders until 2020

Brownies are cakes and subject to zero-rated VAT in a recent case

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