What is Amazon commingling and why would I use it?
This is the Amazon explanation of commingling: If you participate in the FBA Commingling programme, items in your inventory may be swapped with...
27 Feb
Value Added Tax, VAT
Category Archives: Value Added Tax
11 Dec
Value Added Tax
VAT Flat Rate Scheme capital expenditure
The VAT Flat Rate scheme (FRS) has been designed to simplify the way a business accounts for VAT and accordingly, reducing the administration...
27 Nov
Value Added Tax
VAT Standard Retail Schemes
VAT retail schemes are a special set of schemes used by retail businesses to account for VAT. The schemes are usually used...
20 Nov
Value Added Tax
UK VAT claims by non-EU businesses
The VAT paid in other EU countries is often recoverable by VAT-registered businesses in the UK, who bought goods or services for business...
06 Nov
Value Added Tax
Transfer of business as a going concern
The transfer of a business as a going concern (TOGC) rules cover the VAT implications when a business is sold. Normally the sale...
29 Oct
Value Added Tax
What you must do when charging VAT
When you issue a VAT invoice to your customer, you must ensure that you charge the correct rate of VAT. Whilst most businesses...
23 Oct
Value Added Tax
Making Tax Digital (MTD)
Since April 2019, VAT registered businesses with a turnover above the VAT threshold need to keep digital records for VAT purposes using the...
25 Sep
Value Added Tax
Brexit and making an EU VAT refund claim
The VAT paid in other EU countries is often recoverable by VAT-registered businesses in the UK, who bought goods or services for business...
25 Sep
Value Added Tax
Brexit and VAT Mini One Stop Shop
HMRC has confirmed that after Brexit, you will not be able to use the UK’s VAT Mini One Stop Shop (MOSS) to declare...
18 Sep
Value Added Tax
VAT Agricultural Flat Rate Scheme
Businesses that use the flat rate scheme pay VAT as a fixed percentage of their VAT inclusive turnover. The VAT agricultural flat rate...