News & Insights
- News
Deeks VAT News issue 35
August 2023 – Issue 35 Keeping you up to date on VAT changes In this months newsletter we cover the following: VAT recovery allowed on professional services incurred on share sale. The Hotel La Tour Ltd case Protentional Vat Saving on Serviced Accommodation via TOMS. The Sonder Europe Limited case Is a cosmetic treatment exempt […]
- Business
- News
IMPORTANT – DO YOU HAVE CLIENTS THAT SUPPLY SERVICED ACCOMMODATION?
Are you aware that Sonder Europe Limited has won its case against HMRC? This case holds significant implications for providers of serviced accommodation. The First Tier Tribunal ruled that the onward supply of rented apartments comes within the scope of the Tour Operators Margin Scheme (“TOMS”). Applying TOMS is compulsory and where it’s relevant, VAT is owed […]
- News
Deeks VAT News issue 34
July 2023 – Issue 34 Keeping you up to date on VAT changes In this months newsletter we cover the following: How long do I have to keep records? Mind the gap – HMRC latest figures What is digital Euro? VAT refunds guidance Updated Notice 700 – The VAT guide What is reasonable care? A […]
- Articles
Option to Tax Notification
Option to Tax Notification Where a seller is VAT registered and has opted to tax a building, the purchaser’s solicitor will usually request proof that the seller has opted to tax. The reason for this is that incorrectly charged VAT is not recoverable as input tax. What proof can the seller provide? The document usually […]
- News
Deeks VAT News Issue 33
June 2023 – Issue 33 Keeping you up to date on VAT changes In this months newsletter we cover the following: Updated Fuel & Power Notice 701/19 Call for evidence: VAT energy saving materials relief Charity exemption for show admittance – The Yorkshire Agricultural Society case Place of supply – The Sports Invest case Are […]
- Articles
What To Do While You Wait For A VAT Registration Number
Given the length of time it is taking to get VAT registrations in place it is important to advise clients what they should be doing while waiting for their VAT number. When applying to VAT register clients, please make it clear to them that they should assume that they are VAT registered from the date […]
- News
Deeks VAT News Issue 32
May 2023 – Issue 32 Keeping you up to date on VAT changes In this months newsletter we cover the following: Recovering input tax on the charging of EVs Credit Notes – what are they and how are they treated? Was an option to tax valid? The Rolldeen Estates Ltd case What records must be […]
- News
Deeks VAT News Issue 31
April 2023 – Issue 31 Keeping you up to date on VAT changes In this months newsletter we cover the following: DIY Housebuilders’ Scheme – deadline for claims extended Food for assistance dogs now zero rated Apportionment of output tax – updated guidance HMRC yearly average and spot rates VAT: The Windsor Framework VAT Registration: […]
- Articles
History of VAT in the UK
History of VAT in the UK Our beloved to some and devil to others VAT has a long 50 years to celebrate!! Also born 50 years ago I’m celebrating too. The government still managed to charge everyone for trade before VAT ever existed. Previous to VAT, the UK used to levy a Purchase Tax, charged […]
