In the midst of everything that the business community has been dealing with in the last year the date of the 1st April may have passed as just another day. In the VAT context, however, it was a notable date as it saw the completion for many VAT registered bodies of their roll out of the now required Making VAT Digital internal accounting process. Our reflection on how this requirement for an internal digitally linked build up for the VAT return data for submission – could be summed up as a bit of a “Curate’s egg” – some good bits, some bad!
Source: centurionvat.com
Latest Posts in "United Kingdom"
- Isle of Wight NHS Trust vs HMRC: VAT Exemption Dispute on Locum Medical Practitioners
- HMRC Guidance: How to correct VAT errors and make adjustments or claims (VAT Notice 700/45)
- Supreme Court Decision Mandates Prudential to Pay VAT on £9.3 Million Success Fees
- UK Supreme Court Rules on VAT Grouping and Time of Supply in Prudential Case
- High Court Rules in Favor of Hotelbeds UK on Input Tax Recovery Without VAT Invoices