Category: Financial

VAT implications for businesses supplying goods or services to EU/Non-EU Place of supply For VAT on services, the general ‘place of supply’ principle still applies. This rule determines whether the service is within the scope of UK VAT. For B2B…

Is the VAT Flat Rate Scheme right for your business? FRS (Flat rate scheme) An optional VAT scheme is available to all small businesses with a VAT exclusive annual taxable turnover of up to £150,000. This requirement applies at the point of entry…

Get your website taxes right   Tax and Accounting Treatment for Website Development Costs Before you can start determining the tax treatment for your website development cost, you need to assess the use of the website. You need to decide…

Insights: Non-domiciled UK residents and Remittance   On 20th August 2021, HMRC confirmed that it would be writing to non-domiciled taxpayers who have lived in the UK for either seven years out of the previous nine tax years, or 12…