New guidance has been issued by HMRC setting out their new policy on the VAT treatment of early termination fees and compensation payments, supplanting heavily criticised guidance issued in 2020.

A new digital VAT registration tool has been launched by HMRC that can be used to help businesses work out the effects of registering for VAT. The launch of the tool known as the VAT Registration ...

LONDON--(BUSINESS WIRE)--Tax Systems, the leading provider of tax software in the UK & Ireland, today announced that they have implemented HMRC recommended checks into its cloud-based AlphaVAT digital ...

Businesses operating company vehicles will soon face new VAT fuel charges set to take effect from May 1, following the latest update published by HMRC on April 16. Companies have been granted only two ...