My client runs a business that purchases old houses, renovates them up to modern standards and then sells them on. He uses a preferred architect for the design work and various building contractors to do the renovation work. Can he recover the VAT that the architect and various contractors charge to him as he is […]
HMRC’s policy on this is set out in Notice 701/10 (section 7) and in the manual VBOOKS4200 and these appear to be slightly at odds.
Some of the quirks within the flat-rate VAT scheme
We raised £80.64 for save The Children at our Christmas Jumper day
HMRC has started to issue what it calls a ‘simple assessment’
Taxpayers who live abroad may sell UK property. Before 6 April 2015 any gains they made would have escaped UK tax. Now such non-resident property owners must pay non-resident capital gains tax (NRCGT) on gains made on UK residential property