Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
24 July 2020
Finance Act 2020 - VAT changesA number of VAT changes came into effect with the Finance Act 2020 including a confirmed date for the Domestic Reverse Charge in the Construction sector, changes to the Agricultural Flat Rate Scheme and changes to the length of time for the Annual Dwelling Supplement on property transactions.
17 July 2020
New Brexit guidance for importers and exportersHMRC has issued very important guidance for importers and exporters of goods. Tony Cochrane, VAT Senior Manager, discusses this further.
18 June 2020
End of the Coronavirus VAT deferral period – action requiredHMRC has updated its guidance to flag the steps that need to be taken by businesses which benefited from the 20 March 2020 to 30 June 2020 Coronavirus VAT deferral period. I’ve set out the practical points to consider and actions that may need to be taken in this short blog.
08 June 2020
HMRC postpones VAT reverse charge for construction sectorHMRC announced on 5 June 2020 that the domestic reverse VAT charge for construction services will now be introduced on 1 March 2021, being pushed back from the original date of 1 October 2020. Tony Cochrane, VAT Senior Manager, explains the changes and the impact it will have on the construction sector.
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