Value Added Tax

There are special rules that determine the recoverability of VAT incurred before a business registered for VAT. This type of VAT is known as pre-registration

Business owners often refer to VAT as if it were a cost to their business regardless of their VAT position; whether they are registered for

Where an error on a past VAT return is uncovered businesses have a duty to correct the error as soon as possible. As a general

There are special VAT reverse charge rules for certain building contractors and sub-contractors. The rules, which came into effect on 1 March 2021, makes the

The check a UK VAT number service is available at: www.gov.uk/check-uk-vat-number. This service allows users to check: if a UK VAT registration number is valid; and the name

The government is looking to introduce a new relief that would provide a VAT boost to charitable donations. The new VAT relief would be designed

There are special procedures for moving goods in and out of Northern Ireland. Under the Northern Ireland Protocol, all Northern Ireland businesses continue to have

VAT retail schemes are a special set of schemes used by retail businesses to account for VAT. The schemes are used by businesses that sell

The taxable turnover threshold that determines whether businesses should be registered for VAT will increase from £85,000 to £90,000 from 1 April 2024. The taxable