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Where Taxpayers and Advisers Meet

Search found 578 matches

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by les35
Mon Aug 03, 2020 8:49 am
Forum: VAT & Excise Duties
Topic: UK to EU service VAT
Replies: 1
Views: 135

Re: UK to EU service VAT

You can register for UK VAT if all your sales are 'General Rule' services. This means you can claim all the VAT you incur as input tax. You will have to charge on any sales to UK customers too.
Your invoice will then have the relevant wording on 'Reverse Charge service,' or similar.
by les35
Wed Jul 15, 2020 3:02 pm
Forum: VAT & Excise Duties
Topic: EU Company Insisting I register for VAT
Replies: 2
Views: 559

Re: EU Company Insisting I register for VAT

If you sell to private individuals, you could explore whether it is VAT exempt private tuition.
by les35
Wed Jul 15, 2020 3:01 pm
Forum: VAT & Excise Duties
Topic: EU Company Insisting I register for VAT
Replies: 2
Views: 559

Re: EU Company Insisting I register for VAT

It is common in the EU that businesses are all registered for VAT, irrespective of turnover. It is only the UK (awkward as usual) which has a high registration threshold. You could try to argue the point with the VAT authority of your client's country. You should consider the implications of registe...
by les35
Wed Jun 24, 2020 9:26 am
Forum: VAT & Excise Duties
Topic: Property Management and VAT Threshold
Replies: 3
Views: 727

Re: Property Management and VAT Threshold

VAT is a tax on a supply. The recipient of the supply can claim input tax, subject to rules. So, if I am the recipient of a supply, and my supplies are exempt (residential lettings, for example) I cannot claim input tax, even though I have paid it. If I pay an invoice, that does not make me the reci...
by les35
Mon Jun 22, 2020 8:46 am
Forum: VAT & Excise Duties
Topic: Property Management and VAT Threshold
Replies: 3
Views: 727

Re: Property Management and VAT Threshold

You are managing properties, not letting them (although that will depend on your written contracts with landlord and tenants). Your supplies are taxable, so, when you reach the £85k threshold, you will be required to register for VAT. Once registered you will be able to claim back VAT on costs incur...
by les35
Tue Jun 09, 2020 5:48 pm
Forum: VAT & Excise Duties
Topic: Charging points and VAT
Replies: 4
Views: 739

Re: Charging points and VAT

The company can recover the VAT if there is a taxable business activity. For example if a charge is made to the employee for use of the charging point.
by les35
Mon May 04, 2020 9:25 am
Forum: VAT & Excise Duties
Topic: VAT On Service / Repair
Replies: 3
Views: 1032

Re: VAT On Service / Repair

The Place of Supply rules determine how you should approach the VAT outcome. Where you carry out work of repair on a client's goods, the PoS is where the client is located. So, if your client is in another EU Member State, you do not charge UK VAT. But you need your customer's VAT number, and you wi...
by les35
Fri May 01, 2020 2:28 pm
Forum: VAT & Excise Duties
Topic: VAT On Service / Repair
Replies: 3
Views: 1032

Re: VAT On Service / Repair

What are you repairing? Is it/they fixed to the ground/building?
by les35
Wed Mar 04, 2020 5:57 pm
Forum: VAT & Excise Duties
Topic: Road Fuel Scale Charge
Replies: 1
Views: 598

Re: Road Fuel Scale Charge

There is no specific piece of legislation which prohibits use of the fuel scale charge in one VAT period, and then a different method (mileage calculation) in another period. But I advise clients to choose a method and stick with it; perhaps review every few years. HMRC Notice 700/64, chapter 8 prov...
by les35
Fri Feb 28, 2020 3:25 pm
Forum: VAT & Excise Duties
Topic: VAT registration Ebay business
Replies: 3
Views: 766

Re: VAT registration Ebay business

It can be tricky applying to HMRC for an exception from registration. There is no guarantee that they will grant it.
I am concerned that eBay seem to have confused your private sales and your business sales; HMRC may do the same! Did you use the same account?

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