Uncategorized Archives - Berthold Bauer Consultants

HMRC update of COS Heading 65 – Training, tuition or education

by Berthold Bauer on October 7, 2022

On October 4^th 2022, HMRC published a full rewrite to clarify the extent of COS Heading 65 – Training, tuition or education, which can be found here.

October 2021 Budget

by Berthold Bauer on October 27, 2021

The autumn 2021 budget, released today, was quiet from a VAT perspective.

NHS Lease Cars – Repeal of VAT (treatment of transactions) Order 1992

by Berthold Bauer on July 26, 2021

On 30 November 2020, HMRC announced (Revenue and Customs Brief 19 (2020) VAT-repeal of the VAT (treatment of transactions) Order 1992) they intend to repeal the VAT (treatment of transactions) Order 1992.

COVID-19 VAT Payments deferred

by Berthold Bauer on March 24, 2020

VAT Payments deferred for three months

HMRC have just announced that for any Return falling within the window 20 March to 30 June, payment can be deferred until the year-end.

MTD deferral for GIANT users

by Berthold Bauer on September 30, 2019

HMRC have now provided a more definitive time frame for requiring users of the GIANT system (like the NHS) to join MTD (Making Tax Digital).

HMRC Guide for VAT on Construction

by Berthold Bauer on November 9, 2018

HMRC have now clarified the process Contractors will need to adopt from 1st October 2019 when paying Sub Contractors.

Construction VAT Update: ‘Demolition by stealth’

by Berthold Bauer on May 10, 2017

It is common for new builds to either begin life as extensions / partial build – either becoming full demolition by a gradual erosion of the planning process or due to unforeseen structural weaknesses. Zero rating for new builds hinges on the Demolition Test, a key aspect of the test being that planning consent is in place for the full demolition of any existing structures.

SBS Tax Point Accounting

by Berthold Bauer on January 25, 2016

On 29 July 2015, HMRC confirmed in a letter to all NHS Trusts that the normal ‘tax point’ rules should be applied from 1 April 2016 at the latest. This extension was provided to recognise the challenges Trusts may face in changing accounting systems and processes where previously VAT accounting was based on payment dates. Normally, the tax point of a supply is the invoice date.

HMRC Helpline waiting times investigated by The One Show

by Berthold Bauer on December 18, 2015

The One Show 17^th December 2015 again highlighted time taken by HMRC to respond to queries. This followed an admission from Linda Homer, Chief Executive of HMRC, in October that response times were poor and that only half of telephone enquires made between April & June were answered.

Alternative suggestions to use e-mail & Twitter were found by The One Show to be equally ineffective, and a potential barrier to those not familiar with digital media; notably the elderly and potentially poorer tax credit applicants. A Tweet submitted during The One Show, remained unanswered 30 minutes later at the close of broadcasting.