VATupdate

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Recent HMRC Agent Update: VAT Reporting, Deregistration, and Changes for Traders and Housebuilders

  • HMRC has published a recent agent update regarding VAT
  • The update covers reporting accurate tax turnover for VAT registration
  • It also covers reporting VAT deregistration to HMRC
  • Reporting dissolved companies and VAT deregistration to HMRC is included in the update
  • Reporting insolvent companies and VAT deregistration to HMRC is also covered
  • The update includes information for intending traders
  • The DIY housebuilders’ scheme digitalisation is mentioned in the update
  • Changes for goods moving from the island of Ireland to GB from 31 January 2024 are discussed in the update.

Source: marcusward.co

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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