Five Steps to Check the Electronic Invoice
HMRC has recently updated a document setting out what businesses need to be aware of when sending, receiving and storing VAT invoices in electronic format. If you have previously or want to issue your Value Added Tax (VAT) sales invoice electronically in the future,...
Upcoming changes to VAT penalties and interest charges!
HMRC has released an important update today (more detailed guidance will be released in December 2022), and this update will concern every taxpayer. From 1 January 2023 the default surcharge will be replaced by a new penalty if you delay filing your VAT return or...
“Should the self-employed be registered for VAT?”
As a self-employed person, managing your tax liability can be especially tricky. You don’t have the support of an in-house finance team. It’s hard to navigate all these complex regulations on your own. Value added tax (VAT) is a particularly complex issue....
Guide To VAT Registration In The Netherlands
Keen readers of our articles may remember that we have previously looked at VAT registration in many EU countries such as Germany and France. These are countries that have extremely strong ecommerce markets and in order for sellers to make the most of the...