The Department of Works and Pensions (DWP)as recently published its annual report and accounts. These included an item of expenditure for £87.9m paid to HMRC in tax year 20/21.
The payment was in...
VAT Changes for Sales on Amazon, Ebay etc
Written by Tony Shackleford on .
From 1 July 2021 platforms such as Amazon and Ebay are responsible for ensuring that VAT is collected on sales of goods on their platforms.
In simple terms, this means that when a buyer purchases...
VAT on Dog Food – Why I Need an Accountant.
Written by Tony Shackleford on .
Unlike solicitors or doctors, anyone can call themselves an accountant.
Currently a significant number of accountants providing advice to taxpayers have no qualifications and are not regulated....
do I need a tax adviser, Do i need an Accountant, unregulated accountant, VAT on dog food
Postponed VAT Accounting
Written by Tony Shackleford on .
As a consequence of the UK’s exit from the EU at the start of January 2021, the government introduced a new mechanism for dealing with VAT on the importation of goods into the UK.
Under the...
Construction Industry Scheme VAT Reverse Charge (RC)
Written by Tony Shackleford on .
The way VAT is charged for supplies made under the Construction Industry Scheme (CIS) changes from 1 March 2021.
For supplies covered by the change, no VAT should be charged on invoices raised by...
Holiday Pay Entitlement
Written by Tony Shackleford on .
For several years all UK full time employees have been entitled to a minimum of 28 days paid annual leave per year. Part time employees entitlement is similar, hence a part time employee who works...