What checks do VAT inspectors really make?

What checks do VAT inspectors really make?

A VAT inspection can be stressful, but it will go much more smoothly if you are prepared and know what to expect.  What is the inspector looking for and what sort of checks are they ..
A visit from the VAT inspector

A visit from the VAT inspector

At some point every business will have a visit from a VAT inspector, but is it possible to ascertain when this is likely to happen?  How should you deal with an inspector and can a ..
Donations – Is VAT due on donated goods or services?

Donations – Is VAT due on donated goods or services?

If your business wants to donate goods or services to a good cause, there can be VAT traps for the unwary.  How can you use alternative strategies to avoid them and save yourself tax? Charitable Your business ..
Construction – Changes to planning rules affect 5% rate on building work

Construction – Changes to planning rules affect 5% rate on building work

The planning rules have been relaxed which makes it more difficult to obtain evidence to support the 5% reduced rate on some building work.  What evidence should you obtain? Reduced rate on building work The reduced rate ..
Mobile phones – VAT changing?

Mobile phones – VAT changing?

HMRC has published a policy paper explaining a change to the VAT treatment of mobile phone usage.  What do you need to know from November 2017? Current:  VAT is charged when you use your mobile phone ..
How to account for VAT on deposits

How to account for VAT on deposits

When your business receives a deposit, it can create a tax point and VAT may be due.  When is this relevant and how do you make sure you account for VAT at the right time? Taking ..