For tutoring costs provided by the private sector to be exempt from VAT, the primary condition is that the subject being tutored is one which is ordinarily taught in school or university.
However...
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...