Since Making Tax Digital for VAT (MTD for VAT) is live, firms with a taxable turnover above the VAT registration threshold of £85 000 must comply with the new rules. This newsitem answers some of your key VAT questions.
Source GlobalVATcompliance
Latest Posts in "United Kingdom"
- UK Court Rules HMRC Wrongly Denied Hotel Supplier’s £10.2 Million VAT Claims
- New Updates on Correcting VAT Errors: Key Changes and Guidance for Businesses
- Tribunal Rules on VAT Status of Government Grants for Free Educational Services by Colleges
- Colleges Win £2.8 Million Tax Rebates Amid VAT Rule Dispute with HMRC
- The UK Should Lower or Abolish, Not Raise, Its VAT Registration Threshold
