HMRC has announced a further 5 month delay to the introduction of the VAT domestic reverse charge for building and construction services.
Businesses must cancel their VAT Direct Debits for the deferral period to 30 June, otherwise HMRC will continue to take the payment.
From Friday 1 May, there is a 3 month temporary VAT zero rating on personal protective equipment (PPE).
What will the Chancellor announce in the Budget 2020? We have put together some key tax areas Rishi Sunak may focus on.
Negotiating the VAT rules is a complex business. One recent tax tribunal case saw discussions about whether a chocolate brownie is classed as a cake or confectionery for VAT purposes.