The portal to allow you to pay VAT deferred due to Covid-19 is now open If you deferred paying any VAT between 20 March 2020 and 30 June 2020 you can now:- pay the deferred VAT in full, on or before 31 March 2021 join the VAT deferral new payment scheme […]
Big changes are coming to the way in which VAT is administered to the construction industry. From 1 March 2021 the CIS VAT Domestic Reverse Charge Measure will apply to supplies of construction work. Proposals: When the reverse charge applies the customer must account for the supplier’s output VAT This […]
The Government has today (15.07.20) temporarily reduced the VAT rate to 5% (from 20%) in order to support the hospitality sector on certain good or services. This reduction will apply to food and non-alcoholic drinks supplied by restaurants, pubs, bars, cafes and to hot take-away food outlets. The reduced rate […]
This week has been unprecedented in terms of daily updates of government support to businesses and individuals in the current climate. Literally things are changing on a daily basis. We are doing our very best to keep you updated and therefore please see below our latest updated summary where we […]
