Attention accountants and practice owners! VAT in the UK has always been one of the highest-risk areas but now it entered a new era, and it’s far less ...

Increased tax compliance measures have yielded £11.4bn in unpaid tax as investigations into rich people and mid-size businesses grew. The sum came as HM Revenue and Customs (HMRC) opened 23% more ...

Limited Company was struck off by Companies House. It didn't deregister for VAT. It is getting penalty points and now a £200 penalty for not filing VAT ...

Contracts or finance applications that reference VAT numbers. It’s likely that you store these kinds of documents carefully in one place, so it should be easy enough to find the missing information.

At the beginning of the year, HMRC implemented a new penalties system for late VAT submissions and payments. The new points-based penalty system is arguably more lenient and better targets repeat ...

Only 4% of UK businesses have registered for Making Tax Digital, the government's new initiative to digitalise the tax return process, leaving more than 1m yet to sign up as the deadline to do so ...

There is a VAT threshold for every small business that is set by HMRC and can vary. Once taxable income exceeds the value set for any given financial year, businesses must register for VAT. Failure to ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. What did the 2025 Autumn Budget say about VAT? There was speculation that this ...

HM Revenue & Customs has developed the final version of its RDR guidance on VAT liability, which confirms the advice process will be exempt from VAT where clients are looking to take out a retail ...

It happens sometimes: your business is owed a VAT repayment, but delays in receiving the money from HMRC occur for some reason. How does this happen, and what should you do? This guide will cover when ...