Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
27 January 2019
Third Sector and Public Sector potential VAT opportunityThird Sector and public sector organisations may benefit following the ruling in the Wellcome Trust Limited (“WTL”) VAT First Tier Tribunal case. Such organisations should read on if they procure services from overseas suppliers to facilitate non-business activities, as there may be a financial and administrative benefit.
27 January 2019
Significant VAT changes for building and construction services on the horizonSignificant changes are being introduced to the VAT treatment of supplies in the construction industry with effect from 1 October 2019. A domestic “reverse charge” rule is being introduced which will change the person responsible for accounting for VAT in relation to certain supplies of construction services.
24 January 2019
Brexit and international trade – What’s an EORI number and why do I need one?It’s just 10 weeks until 29 March, when under current arrangements the UK will leave the European Union (EU). There is, of course, huge political uncertainty as to how Brexit will happen, but “No Deal” remains a clear possibility.
20 November 2018
Brexit update: What does the Draft Withdrawal Agreement mean for business?The UK Government recently published a draft agreement on the withdrawal of the UK from the EU. What does this agreement mean and what are the key points businesses should be aware of?
14 September 2018
Making Tax Digital: Understanding the detailNigel Roberts, Johnston Carmichael’s Head of Indirect tax looks in more detail at how to work out if you are caught by the new regime and what to do if you are.
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