VAT repayments form a significant part of the cashflow for smaller independent UK productions. Although HMRC would not comment on how widespread the issue is, Screen understands industries outside ...

Rachel Reeves has said the SNP are in an “absurd situation where they support Reform and the Tories” in response to criticism ...

This is particularly relevant if you have to submit VAT returns ... you're non-resident in the UK maybe – ABC Self-Assessment will point you towards the right form. While ABC Self-Assessment ...

The government borrows money by selling financial products called bonds. UK government bonds - known as "gilts" - are normally considered very safe, with little risk the money will not be repaid.

Burberry, the UK's only global luxury brand, is to cut around 1,700 jobs worldwide over the next two years after reporting a ...

We have notified HMRC and completed VAT form 652 who have agreed to refund the £500,000 and we will refund the customer who will then pay HMRC. My question is that if we have overpaid on previous VAT ...

Value Added Tax (VAT) is a critical component of the UK’s tax system, affecting businesses of all sizes. As we move into 2025, several VAT rules and policies will influence compliance, pricing, and ...

However, in the illustrations, the RMC indicated that NRDSP are to file the Quarterly VAT Form 2550-DS through the VDS Portal. This suggests that the general deadline for filing the quarterly VAT ...

The Council reached a general approach on the directive on value added tax (VAT) rules for distance sales of imported goods ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private primary schools in the UK have seen pupil numbers decline at twice the rate of fee-paying ...

For those importing goods they will need to consider Customs Duty and sellers of both goods and services will need to consider VAT, too ... business to register for UK VAT, then no VAT will ...

The UK tax authority has the power to deregister businesses for facilitating VAT fraud even if they weren’t directly involved, a UK appeals court has ruled.