Tuesday, March 24, 2009

Staff Hire concession goes on 1st April

HMRC have produced a Business Brief and Information Sheet setting out the VAT changes to the provision of staff which will take effect on 1st April.

Details can be found on HMRC's website:

http://www.hmrc.gov.uk/briefs/vat/brief0809.htm

We will be pleased to advise any businesses who will be affected by the changes and suggest possible alterations.

Delays in VAT Registrations

We understand there is a 21 week maximum turnaround for VAT registrations. This unofficial policy means businesses are having to wait up to 5 months before being registered for VAT.

What's your experience?

Thursday, March 12, 2009

VAT cuts creeping back up again

With reference to the above blog on the BBC Watchdog website, how much time did you spend changing prices. We know of one major retailer with 250,000 lines who changed everyone!

We know of retailers who have inadvertantly reduced lines which are zero-rated!

Confusion and costs abound. How were you affected by the cut in VAT and will you change back to 17.5% in December?

A taxing ordeal

Referring to the above letter in the Daily Telegraph on the 11th March. We would like to know whether you have had a recent taxing ordeal with HMRC. Did you think the inspectors were reasonable?

Give us your feedback please