VAT Registration – tips from HMRC
1. Business verification failed/not completed
2. Same address used for business and either the applicant’s home address or agent’s address
3. Bank details provided for VAT repayments don’t appear to relate to the business
4. ID evidence required. Applicant has chosen to provide by post rather than attach
Changes to HMRC’s Option to Tax processes
- OTT Notification
- Processing requests about OTTs
Publication of HMRC guidance on the new VAT penalties regime
Source: icas.com
