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VAT Reclaims for Charging Electric Vehicles

Electric Vehicle VAT Reclaims

HMRC have updated the rules on VAT reclaims for charging electric vehicles, however how employees can make claims for domestic charging is still under review. VAT incurred by businesses when charging electric vehicles can be recovered on the business use of those vehicles, where the vehicles are charged at work or at public charging premises. … Read more

VAT Reverse Charge

VAT domestic reverse charge 1st October 2020

The VAT reverse charge for construction is effectively an extension of the Construction Industry Scheme (CIS) and applies only to transactions that are reported under CIS and are between VAT-registered contractors and sub-contractors. The scheme means that those supplying construction services to a VAT-registered customer will no longer have to account for the VAT. Instead, the customer will account … Read more

Pay VAT deferred due to coronavirus

VAT Deferral due to covid

How to pay VAT payments deferred between 20th March and 30th June 2020. You can pay now or get ready to join the VAT deferral new payment scheme. If you deferred VAT payments due between 20th March and 30th June 2020 and still have payments to make, you can: pay the deferred VAT in full, … Read more

VAT deferred due to coronavirus

VAT Deferral due to covid

How to pay VAT payments deferred between 20 March and 30 June 2020. If you deferred VAT between 20 March and 30 June 2020 and still have payments to make, you can: pay the deferred VAT in full on or before 31 March 2021 opt in to the VAT deferral new payment scheme when it … Read more

Hospitality and Accommodation Reduced VAT

Hospitality and accommodation reduced VAT rate

Further support for hospitality and accommodation businesses in the form of reduced VAT. The government made an announcement on 8 July 2020 allowing VAT registered businesses to apply a temporary 5% reduced rate of VAT to certain supplies relating to: hospitality hotel and holiday accommodation admissions to certain attractions The temporary reduced rate will apply … Read more

Payment dates to HMRC

COVID- 19 Grants

Payment dates to HMRC changed due to COVID-19 With the outbreak of COVID-19 gripping the nation HMRC have announced some changes to the payment dates for VAT and Self-assessment. I would like to take this opportunity to clarify that although there has been a change to the payment deadlines the returns still have to be … Read more

Coronavirus Support

COVID- 19 Grants

The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by the Coronavirus. This includes a package of measures to support businesses including: a Coronavirus Job Retention Scheme deferring VAT and Income Tax payments a Statutory Sick Pay relief … Read more