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HMRC Targets Small VAT-Registered Charities with Educational Campaign on Input Tax Apportionment

HMRC’s One-To-Many team is conducting an educational outreach aimed at small VAT-registered charities with turnovers of up to £2 million. This initiative seeks to raise awareness of the obligation to carry out business and non-business apportionment calculations for input tax. The campaign comes in response to a growing number of smaller charities failing to account […]
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Deeks VAT News issue 52

Discover Deeks VAT Consultancy’s latest insights: on private school fees-new webinar, explore new support for small businesses, and learn about VIDA’s impact. Gain insights from the 2025 VAT statistics and understand the new levy on gambling operators. Stay ahead with expert guidance from Deeks.
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Deeks VAT News issue 51

In this month’s newsletter, we dive into key VAT updates, including Zero-Rated Exports and the Procurement International case, along with new guidance on the Annual Accounting Scheme. Stay informed with these essential updates!
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New Guidance on VAT for Private School Fees: What You Need to Know

HMRC has released updated guidance on VAT for private schools, addressing critical aspects of the new VAT regime set to apply from 1 January 2025. This shift will end the VAT exemption currently enjoyed by private educational institutions, impacting how they account for VAT on various services. Key Areas of the New Guidance 1. Who […]
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VAT ALERT – VAT Implications in Holiday Accommodation: Abbeyford Caravan Company (Scotland) Limited v. HMRC

This case delves into VAT treatment within the UK holiday accommodation sector, focusing on the complex issues of VAT apportionment between standard-rated goods and zero-rated accommodation services for holiday chalets and caravans. Case Background Abbeyford Caravan Company operates holiday parks in Scotland, offering fully furnished chalets, caravans, and associated facilities to holidaymakers, which collectively create […]
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Deeks VAT News issue 50

Welcome to this month’s Newsletter            November 2024 issue 50    Keeping you up to date on VAT changes           In this month’s newsletter we cover the following: Second-hand goods scheme and best judgement – The Ancient & Modern Jewellers Limited case Visual Investments International Ltd (Visual) v HMRC  UK e-invoicing initiative and consultation Change of bank details […]
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Estonia Plans Further VAT Rate Increase Amid Rising Defence Spending 

Following the recent VAT increase from 20% to 22% that took effect on 1 January 2024, Estonia’s new government has announced plans for an additional VAT hike. If implemented, the standard VAT rate will rise by a further 2% to 24% on 1 July 2025. This measure is intended to increase funds in response to […]
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Gain a Competitive Edge with a Comprehensive VAT Review

This article outlines the significant benefits of conducting a thorough VAT review, emphasising the importance of proactive planning and strategic foresight. Importance of VAT in Due Diligence VAT due diligence reviews are critical during mergers and acquisitions (M&A), funding, and investment activities. Investors, funders, and buyers need to ensure there are no hidden financial risks, […]
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UPDATE: Upcoming Tax Changes for Furnished Holiday Lets and the October Budget

UPDATE