HMRC launched Making Tax Digital (MTD), effective from 1st April 2019, in order to streamline the process of submitting records digitally for VAT-registered businesses. It means less paperwork, easier organisation and simple submissions. However, MTD has raised a lot of questions and many people are… Read More »Making Tax Digital (MTD) for VAT
A number of months ago we put out a blog on our Flat VAT reclaim – this can be found here http://www.grampianaccounting.co.uk/flat-rate-vat-reclaim/. This blog gives the exact details of the appeals we have made, for who and why. Since then we have been wildly successful… Read More »Flat VAT Reclaim – It’s Your Money
Under new rules due to come in on 1 October 2019 builders, sub- contractors and other trades associated with the construction industry will have to start using a new method of accounting for VAT. The measure is designed to combat VAT fraud in the construction… Read More »New VAT Rules for Building Trade in 2019
Were you on the Flat Rate VAT Scheme? You may be due a refund. Before we get into the value you could stand to reclaim, lets clarify who is eligible for a refund using the following criteria: – Are you a Limited Company servicing the… Read More »Flat Rate VAT Reclaim
