Choosing the Right VAT Scheme
Compare standard, flat rate, cash and annual accounting VAT schemes and pick the one that saves your UK business the most.
VAT schemes and returns
VAT scheme and return guides for UK businesses.
Correcting VAT Return Errors
Find out how to fix VAT errors, when to tell HMRC separately and how to avoid penalties and interest.
How to Complete a VAT Return
Learn how to fill in each box of a UK VAT return, reconcile your figures and submit accurately to HMRC under Making Tax Digital.
Leaving the VAT cash accounting scheme
When a business leaves cash accounting it must bring into account the VAT on all invoices still unpaid, either at once or over six months.
Managing VAT Cash Flow
Avoid VAT cash flow shocks with set-aside accounts, the right scheme and accurate forecasting.
Reconciling the postponed import VAT statement
The monthly postponed import VAT statement is the evidence for both the output and input side of import VAT, so it has to be downloaded, …
VAT annual accounting scheme: pros and cons
VAT annual accounting in the UK: simpler returns, payments on account and the £1.35m cap.
VAT bad debt relief
If a customer never pays, the VAT already declared on the invoice can be reclaimed once the debt is six months overdue and written off in …
VAT Flat Rate Scheme: when does it pay off?
When the VAT Flat Rate Scheme genuinely saves UK businesses money and when it costs them.
VAT on advance payments and tax points
VAT is due at the tax point, and an advance payment creates its own tax point for the amount received, even before the goods or services are …
VAT on delivery charges for online sellers
A delivery charge added to an order is normally part of a single supply of delivered goods, so it takes the VAT rate of the goods, including …
VAT on dropshipping and marketplaces
Where the goods are when sold, where the seller is established and whether a marketplace facilitates the sale decide who charges UK VAT on a …
VAT on gift cards and vouchers
Whether VAT is due when a gift card is sold or when it is spent depends on whether the VAT treatment of what it buys is known at the time of …
VAT on Imports and Exports
Understand import VAT, postponed accounting, zero-rated exports and the reverse charge for UK businesses trading internationally.
VAT on low-value imports for online sellers
For consignments of £135 or less, import VAT is replaced by VAT charged at the point of sale, by the online marketplace if one facilitates …
VAT on marketplace and payment fees
Platform and payment fees are deducted before payouts, so the VAT on them is easy to miss; the supplier’s own fee invoice decides whether UK …
VAT on mixed-rate bundles
A bundle sold for one price may be a single supply at one rate or a multiple supply that must be split; the answer decides how much VAT is …
VAT on refunds after a VAT rate change
A refund or credit note follows the VAT rate that applied to the original supply, not the rate in force on the day the credit is issued.
VAT on subscriptions and recurring billing
Each subscription payment or invoice usually creates its own tax point, so annual plans paid upfront put a whole year’s VAT on the current …
VAT OSS: digital services to EU customers
A practical UK guide to the Non-Union OSS for selling digital services to EU consumers post-Brexit.
VAT return evidence pack
A VAT return is only as good as the trail behind it; saving a short, consistent pack with every return turns an HMRC check from an …
When to Register for VAT
Know when you must register for VAT, when voluntary registration pays off and what to do once registered.
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