Working in tax for nearly 40 years and having been a Chartered Tax Adviser for more than 20, I believe I offer my clients the expertise and specialist knowledge needed to get to grips with and solve even the trickiest VAT issues.
1 What is the “golden brick”? The golden brick is a device for transforming a standard-rated or exempt supply of land or buildings into a zero-rated supply of a partly completed dwelling, or other building qualifying for zero-rating. 2 Why would you use the golden brick? You might use it where: The person buying the
The relief for advertising by charities is relatively liberal but the advertising must be through a medium of communication with “the public”. HMRC defines “public” in Notice 701/58 as the general public, which can be widely interpreted to include businesses and small groups, such as: readers of a trade magazine readers of a religious magazine
This Insight seeks to answer a few of the more common questions asked about the OTT. It does not cover the exclusions from the OTT or the anti-avoidance rules. What is the option to tax? The OTT was introduced in 1989 following the imposition of VAT on new commercial construction work, and everything within this
The freeze on the registration limit at £85,000 will now last until at least 31 March 2026 to provide businesses with “continuing certainty”. There is no threshold for those without a UK establishment. Although this limit is much higher than in many other countries, it still has a distortive effect at the point smaller businesses