• Tradesman

    Confusing VAT Rules for Builders and Subcontractors: Simplified!

    This is a special VAT rule where the customer pays the VAT instead of the business.

  • Construction Industry Scheme

    How the New VAT Checks to CIS Subcontractors Will Work

    The new VAT checks to CIS subcontractors will come into effect on 6 April 2024.

  • VAT

    Should the self-employed leave the VAT Flat Rate Scheme?

    The VAT Flat Rate Scheme is a simplified scheme for smaller businesses, but it may not be the best option for all self-employed people.

  • Calendar

    Useful dates for the diary for freelancers & small business owners in the UK

    As a freelancer or small business owner in the UK, there are a number of important dates that you need to be aware of throughout the year.

  • Chancellor of the Exchequer

    The Chancellor's Big Day: Here's Everything Small Businesses and Freelancers Need to Know About the Next Announcement

    The Chancellor's speech is just around the bend, Small businesses and freelancers, attend.
    Listen close to his words, And don't get caught off guard, Or your budgets may need to mend.

  • Time to Pay

    Self-serve Time to Pay for VAT

    The facility to set up a Time to Pay arrangement has now been extended to VAT-registered businesses.

  • VAT

    What is VAT?

    VAT stands for Value Added Tax. It is a tax on goods and services sold in the UK.

  • VAT

    New VAT Penalty Regime: What You Need to Know About Late Submission Penalties

    A new penalty regime for VAT was introduced on 1 January 2023, comprising late submission penalties and late payment penalties.

  • Delayed

    VAT registration number delay announced

    HMRC are currently taking an inordinately long time to issue VAT registration numbers.

  • Rule Book

    The new rules on VAT penalties

    The VAT default surcharge is being replaced with a new VAT penalty and interest regime.