HMRC to crack down on VAT fraud by online traders?

HMRC has been told to strengthen its efforts to tackle VAT fraud by online traders. The Public Accounts Committee  says “too many” are not paying their “fair share” and that this is hitting UK business. PAC members have highlighted the issue of overseas competitors not charging VAT when selling in the UK through online trading platforms. […]

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Accountants expect clients will need more help with VAT

Welcome to Friday, and a bit of interesting MTD research. Accountants reckon they’ll provide VAT submission services for even more clients following next April’s VAT deadline. Software group IRIS has found that accountants do not believe their clients are willing to continue to spend time keeping their books up to date and would prefer their […]

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Accountex Summit North: keeping you in the picture

I could easily (well, probably not that easily) write thousands of words about my experience of Accountex Summit North, but I won’t. Instead, I’ll jot down a few considered recollections and let you look through our photograph gallery of some quality moments from the event, which was held for the first time at Manchester Central […]

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Daily Insight: Accountex Summit … it’s grin up North!

Welcome to day two of Daily Insight. Let’s start with this: by any measure, the first Accountex Summit North was an overwhelming success. More than 1,000 attendees from the world of accounting and finance went to the conference at Manchester Central on Tuesday. And there were plenty of smiling faces. Who says accountants are a […]

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VAT on imports

A call for clear HMRC direction on VAT import taxes

Recent press surrounding the proposed controversial changes in VAT on goods imported from the European Union after Brexit will no doubt be a keen discussion point for many businesses. If the changes currently passing through parliament become a reality, it could result in some 200,000 UK firms, who are required to import goods as part […]

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