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  • Charitable donations made by a Company.

    Hi I am aware that you can claim tax relief by deducting the value of your charitable donations from your total business profits, however can you get tax relief from NON UK registered charities too? Thanks Helen
  • Making Tax Digital - DD instruction

    Hi I know this has been an issue with HMRC. Tried calling but no one was able to help. Two of our clients had direct debits in place to collect the VAT. They recently switched to MTD and the payment was never taken, instead received a debt collection letter. They still have the mandate in place - can you confirm the VAT payment will be taken on the next quarter under MTD? Thanks Helen
  • RE: VAT on gift cards

    Thank you Trevor
  • RE: VAT on gift cards

    Please can you provide guidance on this - thank you
  • VAT on gift cards

    Our client buys multipurpose gift cards from a retailer and sells these on. How should the gift card sales and purchases be treated on the VAT return - are these treated as 0% or out of scope. Thanks
  • VAT - Moving to an invoice basis

    Our client's turnover has exceeded £1.6m and under the VAT rules they must now submit VAT returns under the invoice basis. This is the first VAT return, due 7th November. The client has a lot of outstanding invoices, which has resulted a VAT bill of c£136k (normally c£65k under the cash basis) The client does not have the cash to pay under the invoice basis. Can HMRC give any guidance on how to manage this high VAT bill - surely there must be help for companies moving from a cash to invoice basis. Please advise what client should do – currently given climate too? Thank you Helen
  • VAT - deregistration

    Our client has decided to deregister for VAT, as taxable supplies well below £85k. Assets will still be used in the business, The VAT on assets is above £1000 - will our client still need to account for the VAT on the final VAT return, even if he has volunteered to deregister for VAT and still using in the business? Thanks