- HMRC has published a new template for recording supporting information for VAT refund claims under the DIY housebuilder scheme
- The template includes a link to a schedule of invoices template and a new section on authorizing agents to submit claims on behalf of clients
- Guidance notes for VAT refunds for new builds, conversions, and constructing charity buildings have been updated
- Clause 23(1) of Finance (No 2 Bill) 2024 will give HMRC the power to request further evidence for claims made after Royal Assent to F(No 2)A 2024
Source: taxjournal.com
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.
Latest Posts in "United Kingdom"
- UK Should Lower or Abolish VAT Threshold to Boost Small Business Growth and Efficiency
- Lowering VAT Threshold Risks Breaching Labour’s Manifesto, Warns Self-Employed Association
- UK VAT Threshold Debate: Growth-Boosting Increase or Revenue-Raising Decrease at Autumn Budget?
- Chancellor Proposes Raising VAT Registration Threshold to £100,000 to Boost UK Economy
- ICS2 Implementation for Northern Ireland: Transition Details and Support for Carriers by HMRC