VAT news – a Spring roundup
Posted by Karen Jones on April 22, 2024In this blog we cover the latest VAT news, from changing registration thresholds to the final say on whether a marshmallow is VAT rated!
Construction VAT Reverse Charge
Posted by Karen Jones on April 10, 2024Working as a contractor or subcontractor in the construction industry? Here’s what you need to know about the Construction VAT reverse charge.
How to register for VAT – a simple guide
Posted by Mark Ingle on November 20, 2023If you think you need to register for VAT, our simple guide talks you through the steps you need to take – and shows you where to get help.
Central assessment of VAT – HMRC’s process for late returns
Posted by Karen Jones on September 28, 2023When you miss a VAT return, HMRC does a central assessment of VAT. Changes to the system mean it’s more important than ever to file on time. If you don’t, it may be more likely you’ll experience enforcement action.
Is my mobile phone tax deductible?
Posted by Karen Jones on September 4, 2023Is your mobile phone tax deductible? It depends on whether you’re a sole trader, partner or limited company. We explain the rules.
Help for businesses: THP has got you covered
Posted by Jon Pryse-Jones on August 23, 2023Did you know that THP offers more help for businesses than standard accounting services. We explain the many different ways we can help you.
Claiming back your VAT on pre-registration expenditure
Posted by Mark Boulter on June 28, 2023Pre vat registration expenditure – don’t forget you can claim back the VAT from the taxman, find out more on how to do that now!
Can’t pay VAT? HMRC has online payment plans
Posted by Jon Pryse-Jones on June 8, 2023Can’t pay VAT? If your business meets certain criteria, you may be able to make use of HMRC’s online payment plan service.
HMRC Connect – how the taxman is spying on you
Posted by Jon Pryse-Jones on May 18, 2023Did you know the taxman has a powerful data gathering system that uses Artificial Intelligence? Learn what HMRC can find out about you.
VAT Repayment Supplement abolished. But what has replaced it?
Posted by Karen Jones on January 23, 2023The VAT Repayment Supplement of 5% was replaced last year by a new scheme. Sadly, this scheme is a lot less generous.
