New rules mean late VAT filings and payments now trigger points, fines and interest charges.
The VAT
VAT late filing penalties
Category: Value Added Tax
VAT – digital record keeping
HMRC requires businesses to maintain accurate VAT records to ensure correct tax payments. While all
VAT relief for the disabled
VAT relief is available on goods and services for people with long-term illnesses or disabilities.
Using the VAT Cash Accounting Scheme
Struggling with late-paying customers? The VAT Cash Accounting Scheme helps protect cash flow by taxing
VAT Annual Accounting
Streamline your VAT reporting with fewer returns and smoother cash flow. The Annual Accounting Scheme
VAT – advantages of the VAT Flat Rate Scheme
Small business? The VAT Flat Rate Scheme could cut paperwork and improve cash flow. Pay VAT as a set
VAT exempt supplies
Not all VAT-free sales are the same. Understanding the key difference between zero-rated and VAT-exempt
When can you deregister for VAT?
Considering VAT deregistration? Whether compulsory or voluntary, knowing the rules, deadlines and risks
Changes to VAT on donations to charities
The government is consulting on new VAT relief for goods donated to charities for free use. Could this
VAT Road Fuel Scale Charges
The new VAT road fuel scale charges applicable from 1 May 2025 to 30 April 2026 have been published. The
