Blog23rd Apr 2024Potential VAT Refund Fraud – Are Your Bank Details Correct?We have been alerted to a number of cases where taxpayers’ bank account details have been amended without their knowledge. This fraud involves the submission of a letter or form VAT 484 purporting to be from the taxpayer requesting that…By Alistair DuncanView more
Blog17th Aug 2023VAT- A Guide For Sole TradersWhen many people think of VAT, they think of the extra charge on clothes, petrol and everyday items. However, those that are self-employed and/or run a business, may be required to get involved with VAT more than they would otherwise…By Alistair DuncanView more
Blog6th Feb 2023A Golden Anniversary for the “Simple Tax”1973 was a momentous year! Starting on a Monday, 1973 kicked off with a “Long Haired Lover from Liverpool.” In cinema, The Godfather won the Oscar for Best Picture. Whilst in politics, Roe v Wade was decided by the Supreme…By Alistair DuncanView more
Blog8th Dec 2022Say hello to HMRC’s new VAT penalty & interest rulesThe current default surcharge regime for VAT has often come in for criticism, with the penalties applied being disproportionate to the length of delay. From 1st January 2023, a new VAT penalty regime will replace the outgoing default surcharge system.…By Alistair DuncanView more