Berthold Bauer

VAT registered businesses warned to be vigilant against elaborate VAT scam involving bank details

by Berthold Bauer on April 22, 2024

We have been made aware that scammers are targeting VAT registered businesses, by diverting repayments into alternative bank accounts.

The fraud involves either getting access to the Government Gateway account of the VAT registered organisation, or submitting form VAT 484 and changing the legitimate bank details to that of the fraudsters.  Then, once a repayment return is submitted and verified by HMRC, the repayment will be released into the account details held by HM Revenue & Customs – which are now those of the criminals.

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Berthold BauerVAT registered businesses warned to be vigilant against elaborate VAT scam involving bank details

Spring Budget 2024: VAT & SDLT Updates

by Berthold Bauer on March 6, 2024

The Budget focused heavily on boosting growth for SMEs, productivity funding across the public sector and rate changes in various credits and personal taxes, which left little room for VAT & SDLT announcements. However, we have cut through these for you and summarised those specific to VAT & SDLT below.

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Berthold BauerSpring Budget 2024: VAT & SDLT Updates

BREAKING NEWS

by Berthold Bauer on March 5, 2024

HM Revenue & Customs suffer historic defeat in long-running legal case over the VAT liability of car parking at NHS Trust operated car parks.

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Berthold BauerBREAKING NEWS

BBVAT Webinar Wednesday March 6th covering the new partial exemption rules for NHS bodies

by Berthold Bauer on February 20, 2024

BBVAT Webinar Wednesday March 6th 2024 at 10am

With seven weeks to go before new partial exemption rules for NHS bodies go live, are you ready?

To support our clients and contacts through what could be a challenging period, BBVAT are hosting a webinar to discuss the upcoming changes, and what all NHS bodies will need to do to comply.

Sign up for our webinar here >>

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Berthold BauerBBVAT Webinar Wednesday March 6th covering the new partial exemption rules for NHS bodies

NHS Bodies: Changes to VAT return submissions from April 2024 – Frequently Asked Questions

by Berthold Bauer on February 14, 2024

A worrying number of NHS Finance teams are either unaware, or unprepared for the upcoming changes to NHS bodies’ VAT return submissions, which take effect from 1 April 2024 – less than seven weeks’ time. 

Our article discusses HM Revenue & Customs’ (‘HMRC’) Statement of Practice (SoP) but below, Joe Watts – Head of NHS VAT Team at BBVAT answers some of the most frequent queries our team have received from impacted clients.

 

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Berthold BauerNHS Bodies: Changes to VAT return submissions from April 2024 – Frequently Asked Questions

HMRC announce long awaited improvements to the DIY VAT Refund Process

by Berthold Bauer on December 8, 2023

At last, HMRC have introduced online submissions and have extended the deadline for the DIY VAT housebuilders scheme from the 5th December 2023.

The scheme allows individuals who build their own home to receive a refund of the VAT they have paid on eligible building materials to be installed in their home. The refund also applies to non-residential to residential conversions as well as for the construction of a new charity building used for charitable or relevant residential purposes.

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Berthold BauerHMRC announce long awaited improvements to the DIY VAT Refund Process

Autumn Statement 2023: General Indirect Tax Announcements

by Berthold Bauer on November 24, 2023

The 2023 Autumn Statement confirmed a number of the rumoured personal and business tax changes, but announcements in the Indirect Tax sphere were limited.  Our team highlight some of the main changes and how these will impact our clients.

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Berthold BauerAutumn Statement 2023: General Indirect Tax Announcements

Autumn Statement 2023: Announcements impacting the NHS

by Berthold Bauer on November 24, 2023

The Autumn Statement delivered a number of commitments to the sector, including raffirming previously agreed additional funding measures such as digitising the NHS Health Check, as well as additional funding into various NHS-impacting programmes

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Berthold BauerAutumn Statement 2023: Announcements impacting the NHS

Autumn Statement 2023: VAT and Property Announcements

by Berthold Bauer on November 24, 2023

The 2023 Autumn Statement confirmed a number of the rumored personal and business tax changes, but announcements in the Indirect Tax sphere were limited.  Our team highlight some of the main property related changes and how these will impact our clients.

Property Related Changes

The Autumn Statement was a relatively sleepy affair, with few high-profile announcements for the property sector.

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Berthold BauerAutumn Statement 2023: VAT and Property Announcements