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"
- Boehringer Ingelheim: VAT on Pharma Payments to DHSC Appeal
- UK–GCC Free Trade Agreement: A Landmark Deal Opening New Trade and Customs Opportunities
- HMRC Guidance: Business entertainment (VAT Notice 700/65)
- HMRC Guidance: Admission charges to cultural events (VAT Notice 701/47)
- HMRC Guidance: VAT rates on different goods and services
