VAT

For a wealth of advice and information on aspects of VAT, including essential tips for VAT planning, and how to survive the VAT inspector's visit, visit our VAT guides.

The standard rate of VAT is 20% and remains unchanged.

When to add VAT

This subject has been causing confusion ever since VAT was introduced in the UK. There are a number of issues to consider. Find out more

VAT Mini One Stop Shop (MOSS)

MOSS provisions relate to the VAT place of supply of services rules. These are the supplies of e-services, broadcasting and telecommunications (BTE). Find out more

VAT inspections

One of life's certainties is that if you are a VAT registered business, sooner or later you will have a check by an HMRC officer, either at your business premises or remotely. Find out more

VAT dos and don'ts

If you need to check you are being given a valid VAT number you can call HMRC's national advice service on 0845 010 9000 from 8am to 6pm Monday to Friday. Find out more

Value added tax

VAT rates, registration and deregistration limits. Find out more

Recovering VAT on staff expenses

Although the VAT rules normally prevent you reclaiming VAT on supplies that are not made direct to you, there are certain circumstances when the rules are relaxed. Find out more

Issuing VAT invoices

Where a VAT registered person makes supplies of goods or services to another VAT registered person, subject to the standard or reduced rate. Find out more

How to survive the enforcement powers

The complicated penalty system for VAT errors has been simplified, but it is not all good news. Find out more

Group VAT registration

VAT grouping occurs where two or more corporate bodies, usually companies or limited liability partnerships are treated as a single taxable 'person' for VAT purposes. A VAT group is treated in the same way as a single company registered for VAT on its own. Find out more

Fuel scale charges

Fuel scale charges for VAT. Find out more

Flat rate scheme

This scheme is designed to reduce the cost of complying with VAT obligations by simplifying the way small businesses calculate their VAT. Find out more

Deregistering from VAT

Deregistration from VAT is usually a fairly straightforward process. However, there are some important aspects to bear in mind which, if misunderstood, could prove costly. Find out more

Cash accounting scheme

Cash accounting enables you to account for VAT on the basis of payments received and made instead of on tax invoices issued and received. Find out more

Bad debt relief

Under the normal rules of VAT, a supplier has to account for output tax even if the supply has not been paid for. VAT cannot be reclaimed by issuing a credit note for the unpaid amount. Find out more

Annual accounting scheme

Under annual accounting, you make agreed payments on account and need complete only one VAT return per year. The purpose of the scheme is to aid cashflow and budgeting. Find out more

An introduction to VAT

Detailed guidance on the operation of VAT, VAT schemes and essential VAT information. Find out more