One of the VAT reliefs that charities can benefit from is zero rating the construction of new builds. However, it can be difficult to meet the conditions, as highlighted in a recent case involving Paradise Wildlife Park.
Our VAT team explains the changes to the way HMRC will be dealing with options to tax (OTT) and how this will affect transactions involving land or property.
A new VAT penalty regime applies from 1 January 2023. This is a significant change to the current way that taxpayers are penalised for non-compliance with VAT.
Whilst vans enjoy favourable benefit in kind tax treatment, what you think is a van may be a car for tax purposes. Tessa discusses HMRC guidance for double cab pick-ups and combi vans.
The ‘high income child benefit charge’ claws back child benefit payments received by higher earners. Luke discusses who’s liable for this charge, whether you should opt out of the payments and how this can affect your National Insurance contributions.