Blog Archives

When you can claim back VAT on purchase of a car

There are complex VAT rules that determine the

Posted in Value Added Tax

VAT and insurance claims

Insurance transactions are generally VAT exempt.

Posted in Value Added Tax

VAT accounting after prices are changed

New rules that make changes to the issuing of

Posted in Value Added Tax

VAT for business if there’s a no-deal exit from the EU

With the new Prime Minister, Boris Johnson

Posted in Value Added Tax

Reminder to sign up for Making Tax Digital before August

accountants exeter

VAT registered businesses with a turnover above

Posted in Value Added Tax

When you can’t reclaim VAT

accountants exeter

For most fully taxable businesses, VAT can be

Posted in Value Added Tax

VAT: The Ins and Outs of Value Added Tax

devon accountants

VAT Value Added Tax is the amount of tax added to the value of services or goods you buy. VAT-registered businesses must charge VAT for any products or services that are sold. The standard rate of VAT is 20%, meaning

Posted in Business, Value Added Tax

VAT and disaggregation

devon accountants

The artificial separation of businesses is where

Posted in Value Added Tax

VAT reverse charge construction industry

devon accountants

A change to the VAT rules first announced at

Posted in Value Added Tax

What records must a VAT trader keep?

There are distinct rules that VAT registered

Posted in Value Added Tax

Exeter Accountant MJ Smith & Co

Celebrating 25 years of excellence.

Free 1st Meeting
Fixed Fees
Free Support!

Find out more

Client Portal Login

Forgot Password?

Latest News

The meaning of goodwill

Goodwill is a term we hear about often, but interestingly, is rarely mentioned in legislation. In fact, the term 'goodwill' …
Read More

Taxation of miscellaneous income

There are special rules, known as the miscellaneous income sweep-up provisions, that seek to charge tax on certain income. This …
Read More

When are scholarships taxable as benefits?

The holder of a scholarship is exempt from a charge to Income Tax on income from a scholarship when receiving …
Read More