December 2021 VATwatch

Bevan VAT Newsletter

Christmas Opening Hours

 

The office will be closed from 5pm on Thursday 23rd December until 9am on Tuesday 4th January.

 

Wishing you all a wonderful Christmas and New Year.

 

 

VAT50/51

 

For group VAT registration applications, HMRC has redeveloped forms VAT 50 and 51 so that there is now a combined form to be used.

 

 

 

Changes to penalties

 

For periods beginning on or after 1st April 2022, there are changes to the penalty system for late submission or payment of VAT Returns.

 

HMRC has produced a very helpful video explaining the changes and I am trying to get a copy to share. In the meantime, you can read about the changes online.

 

 

 

 

Thank you for taking the time to read this VATwatch round-up.

 

Share:

On Key

Related Posts

November 2024 – VATWatch

VATWatch – November 2024 Charging and Reclaiming VAT on Goods and Services Related to Private School Fees HMRC have issued new guidance regarding the charging

October 2024 – VATWatch

VATWatch – October 2024 HMRC Policy Paper – Zero VAT Rating for Residential Caravans Since 6 April 2013 caravans that meet the relevant size criteria

September 2024 – VATWatch

VATWatch – September 2024 Convenience Store’s Underdeclared VAT Was Careless A tribunal ruling has determined that VAT errors based on underdeclared takings made by owners

August 2024 – VATWatch

VATWatch – August 2024 VAT on Private School Fees We finally have some draft legislation and explanatory notes in respect of the proposed VAT changes

VAT Ready Club Enquiry

  • This field is for validation purposes and should be left unchanged.