Is your charity trading? There are many organisations that, perhaps, would be unsure about how to answer this question. Trading as a charity can be complex. Some charitable organisations do not necessarily recognise what they are doing could be deemed
Value Added Tax (VAT) turned 50 on 1 April 2023. However, many would argue that it still has some growing up to do! Whilst many of us will know something of the biscuit vs. cake debate, this doesn’t even scratch
As we find ourselves at the beginning of another new year, doing our best to pick up where we left off before the festivities, we thought a round-up of the most important tax and business news for January 2023 was
The ‘charge and claim’ cycle associated with Value Added Tax (VAT) often becomes a routine part of running a business but, with VAT contributing significantly to Government’s annual tax receipts, opportunities to improve VAT efficiency should not be overlooked. Cash
The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019. Building contractors must comply with the new rules if they undertake either of the following activities: