Value Added Tax Guidance

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Latest Guidance
VAT_tax_img4
28 Jun 2019

This guidance note provides an overview of how to operate the cash accounting scheme. This note should be read in conjunction with the Overview of cash accounting scheme...

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28 Jun 2019

This guidance note provides an overview of the main VAT treatment of supplies made by tour operators and travel agents. It should be read in conjunction with the...

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28 Jun 2019

This guidance note provides more detailed information on how TOMS operates. It should be read in conjunction with the Overview of the Tour Operators Margin Scheme (TOMS),...

VAT_tax_img8
27 Jun 2019

This guidance note covers the VAT treatment of supplies of gold that are not covered in the Investment gold and gold coins guidance note.Notice 701/21 ; VGOLD1000;...

VAT_tax_img2
27 Jun 2019

The flat rate scheme was introduced by HMRC to simplify VAT accounting for small businesses. Businesses using the scheme will apply a single VAT percentage to the...

VAT_tax_img5
27 Jun 2019

This guidance note provides an overview of how to operate the annual accounting scheme. This note should be read in conjunction with the Overview of the annual accounting...

VAT_tax_img3
27 Jun 2019

It is possible for farmers to elect to use the agricultural flat rate scheme rather than VAT register in the normal way. This guidance note provides an overview of the...

VAT_tax_img4
27 Jun 2019

This guidance note provides details of the methods that can be used by a business to determine its turnover for the purposes of applying the VAT flat rate scheme. There...

VAT_tax_img6
27 Jun 2019

Background to the flat rate schemeThe Flat Rate Scheme is designed to help small businesses by making it easier to record taxable sales and purchases. Businesses using...

VAT_tax_img3
27 Jun 2019

This guidance note provides an overview of the main aspects of the Tour Operators Margin Scheme (TOMS). It should be read in conjunction with the Operating TOMS, TOMS and...

Latest Guidance
VAT_tax_img4
Value Added Tax

This guidance note provides an overview of how to operate the cash accounting scheme. This note should be read in conjunction with the Overview of cash accounting scheme...

VAT_tax_img3
Value Added Tax

This guidance note provides an overview of the main VAT treatment of supplies made by tour operators and travel agents. It should be read in conjunction with the...

VAT_tax_img2
Value Added Tax

This guidance note provides more detailed information on how TOMS operates. It should be read in conjunction with the Overview of the Tour Operators Margin Scheme (TOMS),...

VAT_tax_img8
Value Added Tax

This guidance note covers the VAT treatment of supplies of gold that are not covered in the Investment gold and gold coins guidance note.Notice 701/21 ; VGOLD1000;...

VAT_tax_img2
Value Added Tax

The flat rate scheme was introduced by HMRC to simplify VAT accounting for small businesses. Businesses using the scheme will apply a single VAT percentage to the...

VAT_tax_img5
Value Added Tax

This guidance note provides an overview of how to operate the annual accounting scheme. This note should be read in conjunction with the Overview of the annual accounting...

VAT_tax_img3
Value Added Tax

It is possible for farmers to elect to use the agricultural flat rate scheme rather than VAT register in the normal way. This guidance note provides an overview of the...

VAT_tax_img4
Value Added Tax

This guidance note provides details of the methods that can be used by a business to determine its turnover for the purposes of applying the VAT flat rate scheme. There...

VAT_tax_img6
Value Added Tax

Background to the flat rate schemeThe Flat Rate Scheme is designed to help small businesses by making it easier to record taxable sales and purchases. Businesses using...

VAT_tax_img3
Value Added Tax

This guidance note provides an overview of the main aspects of the Tour Operators Margin Scheme (TOMS). It should be read in conjunction with the Operating TOMS, TOMS and...