HMRC announces changes to digital advertising VAT rates for charities

by Sue Rathmell

Following a campaign by the Charity Tax Group, HMRC have agreed to change their policy on VAT rates applicable to digital advertising.

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Are you paying too much VAT on serviced accommodation?

by Sue Rathmell

Residential lets are usually exempt from VAT but if you supply accommodation in a hotel or similar establishment then your supply is standard rated.

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Travel Sector Outlook 2020: What’s next for VAT and TOMS?

by Sue Rathmell

What will be the 2020 outlook for VAT in the travel sector?

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Hard Brexit – how will tour operators be affected?

by Sue Rathmell

Hard Brexit – how will tour operators be affected?

What we didn’t know until now, was how tour operators were expected to handle a hard Brexit.

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‘No-deal’ Brexit advice has been published by the UK government

by Sue Rathmell

The government’s first batch of advice for UK businesses in the event of a no deal Brexit includes help with both VAT and customs duty. 

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Customs procedures post Brexit: promises and procrastination from UK Government

by Sue Rathmell

Following today’s government response to the Home Affairs Committee report on customs operations post Brexit, Sue Rathmell, VAT Director at MHA MacIntyre Hudson, comments on the need for concrete government action to allow businesses to get cracking and prepare for any changes

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VAT - How will tour operators be affected by Brexit?

by Sue Rathmell

our operators use an EU wide scheme known as the Tour Operators’ Margin Scheme or TOMS for short, in order to calculate how much VAT is payable on the holidays they sell. They have to calculate the margin, i.e. the difference between the selling price and the total of all the VAT inclusive costs of the holiday. 

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VAT Flat Rate Scheme - are you a winner or loser?

by Sue Rathmell

In the last few weeks I have seen two businesses that have been using the VAT flat rate scheme that would be far better off outside the scheme. Why is this? The flat rate scheme is a simplification introduced by HMRC to help small businesses account for VAT more simply. However as a simplification, it is not the best route for every business.

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