19 October 2021

5% Reduced Rate has Ended: What to do Next

17 June 2021

VAT Deferment – Action by 21 June

For those who took advantage of the HMRC VAT deferment scheme last year, the potential to delay repayment until 2022 runs out on 21 June.
4 March 2021

Budget 2021 – Detailed Report

The Chancellor has attempted to strike a balance between continuing to prop up the businesses worst affected by COVID-19, while setting out a roadmap to wean the UK economy off this emergency support.
3 March 2021

Budget 2021 – Read the Key Points and Announcements

The Chancellor, Rishi Sunak, delivered the 2021 Budget on 3 March 2021. Our specialist Personal and Corporate Tax Teams have summarised the key announcements below, with a full report to be published on Thursday 4th March 2021.
3 February 2021

Deferred VAT: Repayment can now be extended to March 2022

Businesses that took advantage of the COVID-19 VAT payment deferral scheme, allowing them to defer VAT payments due between March 2020 and June 2020 until 31 March 2021, can now apply for an optional extension.
8 January 2021

EU VAT REFUND FOR UK BUSINESSES

As of 1 January 2021, there are changes to the VAT reclaim procedures for UK businesses (including Isle of Man businesses) that incur EU VAT, and vice versa.
22 December 2020

VAT and Brexit – Imports

3 December 2020

VAT and Brexit

5 November 2020

VAT Reclaim for Property Developers on Blinds

Following the recent Wickford Developments decision, any property developer who has been refused VAT refunds on installing manual roller blinds into new homes should review the VAT lost in the past 4 years with a view to making a claim from HMRC. This decision follows that of an earlier case that HMRC chose to ignore (John Price) and HMRC were criticised for continuing with a policy that the courts had disagreed with.