Are you using the best VAT scheme for your business?

Small businesses have several VAT schemes available that can simplify VAT administration and may help…

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Could new VAT rules change how you sell online?

The Government has launched a consultation on proposals that could significantly change the way VAT…

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Could your business recover more VAT?

If your business is VAT registered, you can usually reclaim VAT on many of the…

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Do you know who must register for VAT?

Businesses must register for VAT if their taxable turnover exceeds the VAT registration threshold, or…

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Stewart Accounting Services

VAT – opting to tax property

The option to tax is a VAT election that allows businesses to treat supplies of…

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VAT cash accounting

VAT Cash Accounting

The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to…

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Reclaiming VAT on car leasing costs concept

Reclaiming VAT on car leasing costs

Businesses that lease cars often assume they can recover all of the VAT charged on…

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Taxi fare VAT reclaim and ride hailing expense concept

Reclaiming VAT on taxi and ride-hailing fares

Changes announced in the Autumn Budget have removed the use of a niche VAT scheme…

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Accountant reviewing financial reports and paperwork

VAT Flat Rate Scheme – what is a limited cost trader?

The VAT Flat Rate Scheme is designed to simplify the way a business accounts for…

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Your responsibilities if registered for VAT

Your responsibilities if registered for VAT

It is important to understand both when VAT registration is required and the ongoing obligations…

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VAT recovery on car leasing

The VAT treatment of car leasing is an important consideration for businesses that incurs VAT…

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Stewart Accounting Services

Reclaiming VAT on a self-build home project

Reclaiming VAT on a self-build home project can significantly reduce the overall cost of building…

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When not to charge VAT

When issuing invoices, it is important to apply the correct VAT treatment. In some cases,…

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Stewart Accounting Services

Which supplies are zero rated for VAT?

Understanding which supplies are zero rated for VAT is essential for any business. A zero-rated…

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VAT on Company Car Sale

Do you charge VAT when you sell a company car?

The question of whether or not you are required to charge VAT when selling a…

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