Tips & Advice VAT
Your monthly guide through the minefield of VAT rules, regulations and procedures
Tips & Advice VAT is...
A digital newsletter: to
- Safely take care of all your VAT responsibilities
- Manage VAT admin in an effective way
- Stay up to date with new rules on VAT
- Avoid problems with HMRC
- Deal with your external advisors on an equal basis
- Reduce the VAT form filling headache
- Fully understand when a VAT liability arises
A unique concept...
- Easy-to-apply advice and solutions
- Short and simple - in clear language
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- Completely independent advice
A unique collaboration between
- Our in-house experts
- A broad network of specialists who are experts in their fields
We've created this newsletter for...
- Business owners
- Company directors
- In-house accountants
- Bookkeepers
- Advisors
- Financial controllers/directors
Extras with our advice...
Ready-to-use documents, letters, checklists...
- Get the most from our advice in practice
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Calculators
- Quickly calculate the most profitable solution
- Compare different options and choose the best one
Examples and source material
- So you can be sure your position is legally secure
Download these extras quickly and easily at tips-and-advice.co.uk.
Here are some of the topics we cover:
Administration
- HMRC guidance
Agent's fees
- Commission
- Selling through an agent
Annual accounting
- General
Anti-avoidance
- Anti-avoidance
- HMRC initiatives
- Yachts
Appeals
- Procedure
- Protective claims
- Time limits
Brexit
- Brexit
Budget
- Allowances
- Miscellaneous
- News
Business use
- Assets
- Change of use
- Input VAT
Capital goods scheme
- Lennartz accounting
- News
- Private use
Cars
- Demonstrators
- Miscellaneous
- Number plates
- Pool cars
- Recovering VAT
Cash accounting
- Cash accounting
- Miscellaneous
Catering
- Membership clubs
- Staff canteens
Charities
- Allowable costs
- Donations and fund raising
- Gift aid
Construction
- Design and build contracts
- Reverse charge
- Zero rate
Contracts
- Bonuses
- Contractual arrangements
- VAT-inclusive terms
Coronavirus
- News
Credit notes
- Credit notes
- Procedure
Currencies
- Bitcoin
- Cryptocurrencies
Debt relief
- Bad debt relief
- Miscellaneous
Directors
- Debts
- Directors' liability
Distance selling
- Agents
Donations
- Goods and services
- Saving VAT
EU Trade
- EC Sales lists
- Goods
- Miscellaneous
- Place of supply
- Services
EU VAT Administration
- SME scheme
Exemptions
- Exempt supplies
- Insurance commission
- Miscellaneous
- New exemptions
Expenses
- Benefits
- Business
- Employee reimbursement
- Entertainment
- Equipment supplies
- Fuel
- Gifts
- Home
- Miscellaneous
- Mobile phones
- Personal
- Recovery
- Relocation
- Subcontractors
- Training
- Travel
Extra statutory concessions
- Effect of
- Trade agreements
Flat rate scheme
- Bars and restaurants
- Benefits
- Eligibility
- Farmers
- Limited cost trader
- Miscellaneous
- Savings
Fraud
- Miscellaneous
- Staff fraud
- VAT on fraud
Gifts
- Business gifts
- Good causes
HMRC
- Advice
- Agreement with HMRC
- Claiming interest
- Complaints
- Guidance
- Making tax digital
- New initiatives
- News
- Policy
- Publications
- Rulings
- VAT online services
Imports
- Postage costs
Input VAT
- Aborted projects
- Accountancy fees
- Acquisition fees
- Business acquisition costs
- Business use
- Clothing
- Domestic accommodation
- Educational establishments
- Employee benefits
- Homeworking expenses
- Insurance claims
- Printing costs
- Racehorses
- Selling a business
- Sponsorship
- Staff entertaining
- Supply & install
- Third party costs
- Training costs
- Transport
Insolvency
- VAT recovery
Inspections
- COP9 investigation
- Dealing with/managing inspections
- HMRC Targets
- Miscellaneous
- Procedure
- Taxpayer's rights
Insurance
- Block policy
- Commission
- Guarantees and warranties
- Miscellaneous
- Premium
Invoices
- Barter transactions
- Electronic invoicing
- Miscellaneous
- Requirements
Irrecoverable VAT
- Miscellaneous
- Offsetting
Legislation/Case law
- Appeals
- Brief 13/12
- Building conversion
- Default surcharges
- Disallowance claim
- FRS
- Import VAT
- Income status
- Input VAT recovery
- Investment fees
- Legitimate expectation
- Miscellaneous
- New legislation
- Penalties
- Planning permission
- Refunds
- Registration date
- Repayment
- Security requirement
- Self billing
- Self-billing
- TOGC
- VAT avoidance schemes
- VAT recovery
- Voluntary disclosures
- Zero rating
Making Tax Digital
- Making Tax Digital
Money laundering
- Agent obligations
News
- Coronavirus
- Debt relief
- Enquiries and penalties
- Groups
- Input VAT
- Land and property
- Making Tax Digital
- News
- Output VAT
- Overseas issues
- Registration
- VAT rates
- VAT schemes
Output VAT
- Antiques fairs
- Apportionment
- Caravans
- Compensation payments
- Conferences and events
- Disbursements
- Discounts
- Education
- Educational establishments
- Export schemes
- Finance agreements
- Food
- Golf clubs/membership fees
- Grant funding
- Hairdressing
- Hotel deposits
- Hotels
- Housebuilders
- Inter-company charges
- Lost/stolen items
- Loyalty schemes
- Miscellaneous
- MOTs
- Online services
- Packaging
- Parking fines
- Part-exchange
- Partnerships
- Pawned goods
- Postage charges
- Pricing
- Prompt payment discount
- Purchase invoices
- Retail schemes
- Sales commission
- Second-hand goods
- Self-billing
- Sporting memberships
- Storage businesses
- Sundries
- Take-away food
- Taxis
- Tax points
- Termination fees
- Tips & gratuities
- Vouchers
Overpaid VAT
- Interest payable
Overseas VAT
- Chain transactions
- Cross border transactions
- Customs warehouse
- Digital downloads
- Distance selling
- EC sales lists
- Expenses
- Exports
- Imports
- Indirect exports
- Internet sales
- Intrastat
- LVCR
- Miscellaneous
- MOSS
- Place of supply
- Reverse charging
- Tax agent
- Transport
Partial exemption
- Annual adjustment
- Miscellaneous
- Partial exemption
- Special method
Payments
- Miscellaneous
- Monthly payments
- Payments on account
- Prompt payment discount
- Repayment inhibits
- Repayments
- Time to pay
Penalties/Enforcement
- Alternative dispute resolution
- Appeals
- Late registration
- Late returns
- Miscellaneous
- News
- Notification procedure
- Surcharges
- Targets
- VAT avoidance schemes
- VATman's powers
Pensions
- Reclaiming VAT
Place of supply
- Customer location
- Immovable property
Property
- Building costs
- Buy to rent
- Change of use
- Conversion costs
- Listed buildings
- Miscellaneous
- Option to tax
- Property-related payments
- Rent
- Rent arrears
- Sale costs
- Zero-rating
Reclaiming VAT
- Miscellaneous
- Mixed use assets
- Overcharged VAT
- Recoverable VAT
- Unjust enrichment
Registration
- Business splitting
- De-registration
- Divisional registration
- Early registration
- Group
- Holding companies
- Miscellaneous
- Multiple registrations
- Overseas businesses
- Pre-registration expenses
- Procedure
- Supplies outside the UK
Reverse charging
- Mobile phones
Samples
- Business samples
- Miscellaneous
Scale charge
- Miscellaneous
- Partial exemption
Tax points
- Annual tax points
- Supply of services
Technical note
- Removal of ESCs
Transfers
- News
- Purchasing a business
- TOGC
VAT Briefs
- Brief 01/14
- Brief 02/13
- Brief 03/14
- Brief 04/14
- Brief 04/16
- Brief 05/14
- Brief 06/14
- Brief 07/16
- Brief 08/14
- Brief 08/15
- Brief 09/13
- Brief 09/15
- Brief 10/10
- Brief 10/13
- Brief 10/15
- Brief 10/16
- Brief 12/15
- Brief 13/12
- Brief 13/15
- Brief 13/16
- Brief 16/13
- Brief 17/13
- Brief 17/15
- Brief 17/16
- Brief 18/10
- Brief 18/13
- Brief 19/14
- Brief 19/15
- Brief 20/14
- Brief 21/14
- Brief 21/15
- Brief 2/15
- Brief 23/12
- Brief 23/14
- Brief 25/12
- Brief 26/14
- Brief 27/14
- Brief 28/14
- Brief 29/14
- Brief 30/12
- Brief 31/12
- Brief 33/12
- Brief 33/13
- Brief 34/12
- Brief 36/13
- Brief 36/14
- Brief 37/12
- Brief 38/13
- Brief 38/14
- Brief 39/14
- Brief 40/13
- Brief 43/14
- Brief 44/14
- Brief 46/14
- Brief 47/14
- Brief 49/14
- Brief 8/15
- Capital goods scheme
- Caravan sites
- Declaration deadline
- Form VAT426
- Fuel scale charge
- Inspections
- Intrastat
- Miscellaneous
- Paying VAT
- Photo books
- Pre-registration claims
- Refunds
- Reverse charging
- Sailaway boat scheme
- Services connected to land
- Transport
- Utility supply
- VAT anomalies
- Vouchers
VAT groups
- Holding companies
- Joining/leaving
- Proposals
VAT information sheet
- Sheet 01/15
- Sheet 02/17
- Sheet 04/15
- Sheet 10/13
- Sheet 18/12
- Sheet 6/13
VAT management
- Barter transactions
- General house-keeping
- Reverse charging
VAT notices
- Notice 1001
- Notice 143
- Notice 144
- Notice 161
- Notice 179
- Notice 237
- Notice 300
- Notice 48
- Notice 60
- Notice 700
- Notice 700/1
- Notice 700/11
- Notice 700/12
- Notice 700/17
- Notice 700/21
- Notice 700/24
- Notice 700/34
- Notice 700/44
- Notice 700/45
- Notice 700/56
- Notice 700/58
- Notice 700/60
- Notice 700/63
- Notice 700/64
- Notice 700/8
- Notice 701/05
- Notice 701/10
- Notice 701/14
- Notice 701/20
- Notice 701/29
- Notice 701/30
- Notice 701/36
- Notice 701/5
- Notice 701/57
- Notice 702
- Notice 702/7
- Notice 703
- Notice 707
- Notice 708
- Notice 709/1
- Notice 709/3
- Notice 714
- Notice 725
- Notice 727
- Notice 731
- Notice 732
- Notice 735
- Notice 741A
- Notice 742
- Notice 998
VAT numbers
- Checking
VAT Rate
- 0% Rate
- 17.5% Rate
- 20% Rate
- 5% Rate
- Anti-avoidance
- Environmental issues
- Exempt supplies
- Flat rate scheme
- Partial exemption
- Rate changes
- Zero rating
VAT records
- Minimum requirements
VAT Returns
- Accounting periods
- Assessments
- Authorising agents
- Correcting errors
- Electronic filing
- Errors
- Intrastat
- Late filing
- Miscellaneous
- Penalties
VAT schemes
- Annual accounting
- Capital goods scheme
- Retail schemes
- Second hand goods
- TOMS
- Trade promotion
Zero rating
- Disability
Digital only - the green way
- Direct to your inbox by email, every month
- 24/7 online access to the digital version (website + app)
- All previously published articles readily available in our online database
In the most recent issue you'll find advice on...
Year 14 - issue 6 - 05.04.2024
HMRCVAT helpline services slashedA shortage of staff and more tax-paying customers with complex issues mean that HMRC is struggling to cope. How could it affect your business? |
PROPERTYVAT on variation and surrender fees?You no longer need to occupy all floors of the building that you are renting. You are discussing several options to reduce your rental costs, including paying a variation fee to change the terms of the lease, but what are the VAT issues to consider? |
CONNECTED PARTIESFamily loyalty: is your generosity causing a VAT problem?A close relative has set up a new business that is not VAT registered. To help, you have agreed to pay their supplier of advertising services all costs for one year and claim input tax on your own returns. Has your generosity created a connected party problem? |
INVOICESDo you always need to issue a VAT invoice?Your business is making more low value sales to a wider range of customers following a change in your business model and trading activities. What sales can you make without issuing a tax invoice and what must you do instead? |
DEREGISTRATIONDeregistration: an opportunity to escape the VAT club?After seven years of frozen thresholds, the Chancellor has announced an increase in the deregistration sales threshold on 1 April 2024. What does this mean and what are the pitfalls of deregistering? |
FLAT RATE SCHEMEIs FRS tax calculated on gross or net holiday let incomeA subscriber rents out three holiday homes. They use the flat rate scheme (FRS) but have calculated tax based on the net commission received from their online booking agency. Have they made errors and, if so, how should they correct them? |
VAT CASESDid conversion of commercial vehicles into cars create VAT charge? |
VAT CASESPartial exemption: was square footage method accurate? |
BUSINESS SPLITTINGCan company split music business into two and deregister? |
WAREHOUSINGVAT charged on storage fees for overseas customer? |
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