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.
Budget 2021 continued the freeze on the registration limit at £85,000 until at least 31 March 2024 to provide businesses with “continuing certainty”. The Government has acknowledged the distortive impact that the threshold can create, while at the same time recognising that it simplifies things for smaller businesses. (There is no threshold for those without
This Insight seeks to answer a few of the more common questions asked about the OTT. (Since 2008 the VAT Act has not referred to the “election to waive exemption”.) The Insight does not cover the exclusions from the OTT or the anti-avoidance rules but does deal with the temporary relaxations to allow for the
The second Covid-19 Budget was never going to be a memorable exercise but rather reflected straightened times. From a VAT point of view, it was not especially kind to smaller businesses and seemed to ignore charities altogether. The following covers both the VAT measures announced by the Chancellor and those published after his speech. Temporary
Originally published by Bloomberg TaxReproduced with permission. Published February 22, 2021. Copyright 2021 The Bureau of National Affairs, Inc. 800-372-1033. For further use, please visit: http://www.bna.com/copyright-permission-request. Terry Dockley of Terry Dockley & Co and Una McKearney of CavanaghKelly look at the complex VAT issues which may arise for businesses covered by the Northern Ireland Protocol to