VAT reverse charge for services received from abroad will change. Purchasers not registered for UK VAT will no longer be caught by the reverse charge.
This affects exempt businesses such as housing and finance. Happy to discuss any queries.
#VAT #Budget2026
@HCRlaw
VAT rules to apply to taxi businesses irrespective of the business’s location.
#VAT #Budget2026 @HCRlaw
Additional £2bn for exports. Are you a buyer or a supplier, in the UK or outside the UK? We’d be delighted to discuss VAT systems and ensure they are robust.
#SpringStatement2025 #VAT
@Wrighthassall
@IFA_Tax_Faculty
@ICAEW_Tax
£2.2bn additional funds for defence in 2025/26 with a focus on innovation. Is your business secure in its VAT systems as you grow? I’m happy to discuss queries.
#SpringStatement2025 #VAT
@Wrighthassall
@IFA_Tax_Faculty
@ICAEW_Tax
VAT in the Tour Operator Margin Scheme/TOMS: the Upper Tribunal ruling in Sonder Europe Ltd highlights significant challenges in the travel sector. Our latest article examines.
lnkd.in/eXZSq4Z3
#VAT #Sonder #TOMS #Travel #Tax
@Wrighthassall
@ICAEW_Tax
@IFA_Tax_Faculty
Today's budget confirmed VAT on school fees from 1 January 2025, despite hopes for a more sensible date after the academic year.
Below is my article highlighting some of the VAT issues and oddities. Happy to discuss queries.
#VAT #Schools @Wrighthassall
wrighthassall.co.uk/knowledg…
VAT on private school fees from 1 January 2025
#budget2024 #vat
@Wrighthassall
More HMRC officers to be recruited. Is it too much to hope
For improved response times?
#budget2024 #vat
@Wrighthassall
Should there be VAT on bras? Or on clothing at all?
After calls from Radiographers, I set out the facts below.
What do you think?
wrighthassall.co.uk/knowledg…
#VAT #Bras #Clothing
@Wrighthassall
@CW_GrowthHub
@InstituteFA
@ICAEW
@ICAEW_WestMids
CORRECTION: VAT registration threshold will increase to £90,000 from 1 April
#budget2024
#VAT
@WrightHassall
@ICAEW_Tax
@instituteFA
New levy to be imposed on vapes in April 2026
#Budget2024
#VAT
@Wright Hassall
@ICAEW_Tax
@instituteFA
VAT: supplies of accommodation and other "travel agent" services have been overtaxed.
The case is Sonder: businesses should now be making claims and appeals.
lnkd.in/er2DnMkH
@Wrighthassall
@InstituteFA
@ICAEW
#VAT
#TOMS
#TravelAgent
#Accommodation
#Transport
#Sonder
Supplying services via the internet? VAT is now even more confusing. See my comments in Taxation, below.
VAT liability could depend on the online platform. Do you know where they're established?
linkedin.com/posts/kevin-hal…
@Wrighthassall
@InstituteFA
#VAT #digitalsupplychain #Fenix
Selling (or buying) a business? In the article below, we explore some considerations, including VAT.
@Wrighthassall
@ICAEW_Tax
@InstituteFA
#businesssale #VAT
linkedin.com/posts/kevin-hal…
VAT and accommodation: BLS1's VAT Tribunal decision is hard to find, see the link below. It is quoted extensively by Realreed's First-tier Tribunal (also in the link below).
linkedin.com/posts/kevin-hal…
#vat #accommodation #hotels #similarestablishments
@Wrighthassall
New fund to support conversion of dwellings into more flats. There are complex VAT rules in respect of conversions, please plan carefully.
#autumnstatement #autumnstatement23 #autumnstatement2023 #Budget2023
@Wrighthassall
VAT on fees for education. Who will be affected? What steps can be taken? There are more solutions than might be expected. My article below explores.
Happy to help with queries.
@Wrighthassall
#vat #privateschools #publicschools
linkedin.com/posts/kevin-hal…
Educational institutions expect a new VAT charge on fees. The Independent below quotes me exploring potential solutions (there are so many). I'd be delighted to discuss queries.
#VAT #publicschools #privateschools #colleges @Independent
@Wrighthassall
linkedin.com/posts/kevin-hal…
