This approach would allow for 80% of the output VAT to be paid on the first (late period) VAT return and the remaining 20% on the next VAT return, improving cash flow and reducing penalties. However, ...

When the VAT return is submitted ... to make repayment into your business’s bank account. If there are no UK bank account details available, HMRC issues a payable order which can take ten ...

“Removing the VAT exemption for private schools in the UK will likely have a huge impact on expat communities, particularly those with children in international schools,” said Virginie Faucon, Global ...

Alongside the Government’s plans to hit UK private schools with VAT from ... saying some schools “will struggle to file fully compliant VAT returns in the short term”, as it called on ...

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In ...

Businessman claims partnership behind Clonmel Park Hotel should have been dissolved once he was declared bankrupt ...

Adsum's OpenTax [1] has focused on providing accountants and bookkeepers with greater visibility into VAT return submissions and payment statuses. Based on ...

Private schools will be subject to VAT on fees from the start of 2025, Chancellor Rachel Reeves announced in today’s Autumn Budget. As expected, the government is removing the tax benefits previously ...

VAT will be subject to location, which will deter international students from UK independent schooling due to higher fees, ...