- : Year 13, issue 08?cookieChecked=1%2F%2F

 
Are you liable for fraud committed by staff? Publication date: 01.06.2023
Article database
One of your employees has admitted to banking sales into their own account. The VAT from these sales has not been included on your returns. How do you correct the problem and what will HMRC do about penalties?
More
What input tax can you recover on a home business? Publication date: 01.06.2023
Article database
Your business has come to the end of its office lease, and you have decided to work from home to save paying rent to a landlord. What input tax can you claim on domestic costs that you incur at home?
More
Is a profit share payment from a customer subject to VAT? Publication date: 01.06.2023
Article database
One of our builder subscribers did work for a property company converting a chapel it owned into four flats. The project went well, and the property company will pay our subscriber a six-figure profit share. Is this payment subject to VAT?
More
Are you accounting for VAT correctly for online service sales? Publication date: 01.06.2023
Article database
Your business sells services online, often through a website host acting as an intermediary, or as a website host. After a recent VAT tribunal case won by HMRC, is there a risk that you could be accounting for VAT incorrectly?
More
One-to-one golfing lessons subject to VAT? Publication date: 01.06.2023
Article database
One-to-one golfing lessons subject to VAT?..Q. My business trades as a limited company and I am the only director and shareholder. The only activity of the company is to buy and sell golfing equipment and it is registered for VAT. I have been asked to provide golfing lessons to a wealthy client and I understand that this income will be exempt from VAT...
More
Do we need an Irish VAT number? Publication date: 01.06.2023
Article database
Do we need an Irish VAT number?..Q. Our business is VAT-registered in the UK. We have received an order to supply an expensive piece of CCTV equipment for a firm in Ireland. I understand that we might need to register for VAT in Ireland in order to claim import VAT when the goods arrive because we will deliver them to the customer’s premises. Is this...
More
Dealing with statement omissions Publication date: 01.06.2023
Article database
HMRC has confirmed how you should deal with postponed VAT accounting if import entries are missing from your monthly statements. What do you need to know?
More
When does the reverse charge apply to expenses? Publication date: 01.06.2023
Article database
You know about “reverse charge” accounting, where your business accounts for VAT as the customer on some goods and services that you buy rather than your supplier. But are you correctly applying it to all relevant transactions?
More
Was director liable to pay a penalty issued to insolvent company? Publication date: 01.06.2023
Article database
Was director liable to pay a penalty issued to insolvent company?..The case. Colm Malone (M) was the sole director and 100% shareholder of Maloney Diner Ltd which traded as a cafe serving meals and drinks. After extensive work checking till rolls and carrying out invigilation exercises, HMRC issued an assessment to the company for underpaid output tax...
More
Did driving lessons for under 17s qualify for a temporary reduced VAT rate? Publication date: 01.06.2023
Article database
Did driving lessons for under 17s qualify for a temporary reduced VAT rate?..The case. The Young Driver Training Ltd (Y) advertised their services as “the provision of driving lessons off the highway for under 17s” . Y claimed it was charging an admission fee to a cultural event so the fees qualified for a temporarily reduced VAT charge between...
More

Filter results

You can always narrow/broaden your result by checking and unchecking resources and/or topics and keywords.

Topics and keywords

Last updated: 23.03.2026
Search

More from Indicator - FL Memo Ltd