VAT Tips for Businesses Preparing for Brexit

VAT Tips for Businesses Preparing for Brexit

by | Jan 2, 2021 | Brexit News, VAT

Changes to call-off stock arrangements A current EU concession that is available to the UK is the process of holding call-off stock. This stock can be held in an EU country and the business holding the stock isn’t required to be VAT-registered. This is because if the...
End of VAT Payments Deferrals Period

End of VAT Payments Deferrals Period

by | Aug 19, 2020 | Blog, UK accountant, VAT

HMRC gave VAT registered businesses the option to defer the VAT payments that were due between 20th of March and 30th of June. This measure was introduced as part of the government support to businesses during the early stages of COVID-19 pandemic. According to the...
Corona News: VAT payment Deferrals for Business

Corona News: VAT payment Deferrals for Business

by | Apr 2, 2020 | News, VAT

A lot of businesses are suffering cashflow crisis as a result of Covid-19.  Therefore, the Chancellor has announced a VAT payment deferral in the requirement to pay output VAT from 20th of March to 30the of June 2020. All VAT registered businesses will not be required...