Fuller Spurling’s December 2019 tax briefing is now available, with updates and information to keep you up to date with the current tax situation regarding… Capital Gains from off-plan homes following a recent Court of Appeal’s decision Changes to company-car taxable benefits Reporting of Offshore Investments Funds on your Tax Return Making tax digital (MTD) […]
My client is on the flat rate scheme and runs a computer repair shop. They have purchased computer components (goods) from the EU. What are the reporting requirements on the VAT return for these transactions?
Some of the quirks within the flat-rate VAT scheme
My client is on the VAT flat-rate scheme and has received a substantial insurance payout for damage to the trading premises. Should this exempt income be included in the flat-rate scheme turnover?