.png)
.png)
28 April 2015
Steer your clients in the right direction
- The new EU VAT legislation on digital services has been in place since the beginning of the year. Are your clients up to speed on this; for example have they registered under the VAT mini one stop shop?
- The decision in Sherratt t/a The Beeches is a useful reminder that HMRC can backdate a late VAT registration 20 years. Checking whether a client should be VAT-registered should be done regularly to avoid unexpected bills.
- When submitting clearance applications for commercial transactions make sure there is evidence to support the proposal and consider estimating the tax liabilities under any alternative structures in case of a challenge from HMRC.
- When declaring income that is received...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
