Skip to content
  • Facebook
  • Twitter
  • LinkedIn
DSC Chartered Accountants
Harrogate:call 01423 560547
Leeds:call 0113 243 3559
Skipton:call 01756 691065
  • Home
  • About
    • Team
    • Clients
    • Our Guarantee
    • Harrogate Office
    • Leeds Office
    • Skipton Office
  • Services
    • Accounts, Bookkeeping and Payroll
    • Audit and Assurance
    • Tax and VAT
    • Personal Financial Planning
    • Business Development
    • Business Financial Planning
    • Cloud Accounting
  • News
    • Latest News
    • Business Events
    • Free Business Guides
  • Contact
Home
/
VAT & Duties
/
VAT & Duties
/
Page 2

Category: VAT & Duties

Christmas Gifts
Employee Benefits VAT & Duties
Christmas gifts Employee benefits Tax VAT

Christmas Gifts

You don’t have to pay tax on a benefit (gift) to your employee if all of the following apply: it cost you £50 or less to provide it isn’t cash or a cash voucher it isn’t a reward for their work or performance it isn’t…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
December 18, 2019 by Ellie Roach
About face by HMRC
VAT & Duties
HMRC Reverse charge Tax VAT

About face by HMRC

  Last month, we reported the changes that CIS, VAT registered contractors and sub-contractors were about to face with the introduction of the “reverse charge” process from 1 October 2019. Shortly after our newsletter was published, HMRC conceded that it was aware that the industry…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
October 3, 2019 by Ellie Roach
Changes to contractor VAT from 1 October 2019
VAT & Duties
Contractors Sub-contractors VAT

Changes to contractor VAT from 1 October 2019

  We have alerted building contractors and sub-contractors in previous newsletters of changes to the VAT rules from 1 October 2019. In a nut-shell, if you are subject to the Construction Industry Scheme and if you are registered for VAT, from the 1 October 2019…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
September 5, 2019 by Ellie Roach
Update on the VAT reverse charge for building contractors
VAT & Duties
Contractors Subcontractors VAT

Update on the VAT reverse charge for building contractors

  From 1 October 2019, contractors who employ subcontractors will need to assume responsibility for declaring and paying the VAT that was previously settled by their VAT registered subcontractors. From this date, registered subcontractors will no longer add VAT to their invoices and main contractors…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
July 4, 2019 by Ellie Roach
Last call for VAT traders to prepare for new filing regulations
VAT & Duties

Last call for VAT traders to prepare for new filing regulations

  As we have mentioned before in this newsletter, VAT returns filed for periods commencing on or after 1 April 2019, may need to be filed using the new Making Tax Digital (MTD) protocols. The new filing obligations will apply to VAT registered businesses with…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
March 19, 2019 by Ellie Roach
Are you ready for the VAT filing changes?
VAT & Duties

Are you ready for the VAT filing changes?

  A reminder that from 1 April 2019, VAT registered traders with turnover in excess of the current VAT registration limit, £85,000, will need to file returns after 1 April 2019 linked to HMRC’s Making Tax Digital (MTD) systems. Accounts software providers have been working…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
February 13, 2019 by Ellie Roach
What is AEO?
VAT & Duties

What is AEO?

  Businesses that presently trade with the EU block may like to consider applying for Authorised Economic Operator (AEO) status. The following notes explain why this may be helpful. AEO status is an internationally recognised quality mark that shows: your role in the international supply…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
December 7, 2018 by Ellie Roach
About-turn, you can use spreadsheets
VAT & Duties

About-turn, you can use spreadsheets

  HMRC has about-faced regarding the ban on using spreadsheets to work out your VAT return data from 1 April 2019, when the new requirement to file VAT returns using Making Tax Digital (MTD) format is introduced. Bowing to pressure from industry, the accountancy profession…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
October 10, 2018 by Ellie Roach
Construction drawn into VAT reverse charge process
VAT & Duties

Construction drawn into VAT reverse charge process

  It would seem, that HMRC is keen to plug the apparent drain from VAT receipts when contractors and sub-contractors charge their customers VAT and then go missing, keeping the VAT for themselves. This is described in legislation as “missing trader fraud”. Their preferred method…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
July 10, 2018 by Ellie Roach
Getting ready for Making Tax Digital (MTD)
VAT & Duties

Getting ready for Making Tax Digital (MTD)

  As our regular readers of our newsletter will be aware, the government has back-tracked on their original proposal to digitise taxpayers’ affairs. The original plan, to have most self-employed traders and landlords uploading accounts and VAT data from April 2018, was scrapped. The new…

Read Morearrow_forward
Facebook
Twitter
Google+
LinkedIn
Pinterest
February 20, 2018 by Ellie Roach

Posts navigation

navigate_before 1 2 3 navigate_next
Recent Posts
  • Tax Diary Dates December 21/January 22
  • Christmas Party & Gifts For Staff
  • Self Assessment Tax Deadline Approaching
  • Changes in VAT rates for hospitality traders
  • Autumn Budget Summary
Recent Comments
    Archives
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    Categories
    • Benefits
    • Brexit
    • Budgets
    • Business Development
    • Business Support
    • Capital Gains Tax
    • Corporation Tax
    • COVID-19
    • Custom Duties
    • DSC Chartered Accountants
    • Employee Benefits
    • Employment Law
    • Family Tax Credits
    • Free Business Events in Harrogate
    • General
    • Important Tax Dates
    • Income Tax
    • Inheritance Tax
    • National Insurance
    • Payroll
    • Property Income
    • Scams
    • Stamp Duty Land Tax
    • Tax Diary
    • Tax scams
    • Uncategorized
    • VAT & Duties
    Meta
    • Log in
    • Entries RSS
    • Comments RSS
    • WordPress.org
    Get In Touch with DSC
    • Email: info@dscca.com
    • Tel: 01423 560547 (Harrogate)
    • Tel: 0113 243 3559 (Leeds)
    • Tel: 01756 691065 (Skipton)
    • Online Contact Form
    • Terms & Conditions
    • Privacy Policy
    • Careers
    Quick Links
    • Home
    • Harrogate Office
    • Leeds Office
    • Skipton Office
    • Contact
    DSC Company Awards

    Directors: J O Campbell FCA CTA CA(SA) AIIT G S French BSc (Hons) FCA J P Garbutt BA (Hons) FCA Statutory Auditors. Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

    DSC is the trading name of DSC Accountants Limited and DSC Accountancy Limited. DSC Accountants Limited is a limited company registered in England and Wales, registered company number: 6986773

    DSC Accountancy Limited is a limited company registered in England and Wales, registered company number: 10253238

    Registered Office: Tattersall House, East Parade, Harrogate, North Yorkshire. HG1 5LT

    • Facebook
    • Twitter
    • LinkedIn
    2022 All rights reserved. | Privacy Policy