We wanted to remind those clients who operate Partial Exemption Methods and whose business has been impacted by COVID 19 that in March last year HMRC announced in RCB 4/21 “an accelerated process for VAT registered businesses to request temporary alterations to their partial exemption methods (including combined methods) to reflect changes to their business practices because of the coronavirus (COVID-19) pandemic.”
Source: centurionvat.com
Latest Posts in "United Kingdom"
- Supreme Court Rejects Bolt Appeal in VAT Margin Scheme Dispute with HMRC
- Flashback on ECJ Cases C-34/99 (Primback) – Interest-free credit does not reduce the retail VAT base
- VAT Planning: Why It Matters
- Supreme Court Rejects Bolt Appeal in £190m VAT Dispute
- UK Schedules Maintenance for OSS and IOSS Online Services














