News and Information from AVASK about HMRC

Online service for VAT deferral scheme opens

AVASK Marketing English, VAT News

Over half a million businesses that deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay it in smaller monthly instalments, HMRC has announced. To take advantage of the new payment scheme businesses will need to have deferred VAT payments between March …

Domestic VAT reverse charge comes into effect on 1 March

AVASK Marketing English, VAT News

The twice-delayed introduction of the domestic VAT reverse charge for construction services will come into effect on 1 March 2021. The change was originally scheduled to come into effect from 1 October 2019 but was deferred for 12 months after industry bodies highlighted concerns about the lack of preparation and …

IVA nel Regno Unito dopo Brexit

L’IVA nel Regno Unito dopo Brexit: una guida

AVASK Marketing Brexit, Italian, VAT News

Come cambieranno il commercio e l’IVA nel Regno Unito dopo Brexit? Questa è la domanda che molte aziende italiane si stanno chiedendo a seguito dell’uscita della Gran Bretagna dall’Unione Europea, avvenuta ufficialmente il giorno 31 dicembre 2020. L’accordo commerciale raggiunto il 24 dicembre 2020 è “a tariffa e a quota …

News and information from AVASK about HM Treasury, London, UK

VAT cut on PPE extended

AVASK Marketing Accounting News, Business News, Tax News, VAT News

The Treasury has extended the temporary scrapping of VAT on personal protective equipment (PPE) until the end of October. The decision comes after a temporary zero-rate of VAT was applied to PPE sales for an initial three months from 1 May to 31 July. The government previously removed import duties …