CoVid-19 Postponement to Certificate of Status for 13th directive UK VAT recoveries
As detailed in one of our previous posts, many European Union (“EU”) countries have extended the 30 June deadline for submitting 13th Directive re [...]Going Beyond Pixels – Part 1: Invoice Images as Graphs
We usually think about invoice images as, well, images – a matrix of pixels, light intensity values on a regular grid. This preserves the highest fi [...]THERE IS NO SUCH THING AS A FREE LUNCH, true in VAT too!
VAT recovery on business entertainment has been blocked since intro. (1973). More recently, VAT Input Tax Order 1992, Art. 5 disallows the right to re [...]Postponements in the EU 13th VAT Directive Deadline
The annual June 30 deadline for businesses based in non-European Union countries to submit VAT reclaim applications is usually inflexible. However, se [...]Cutting Your Accounts Payable Bill
Accounts Payable (AP) invoices are typically high expenses for your business. If that’s not enough, VAT on your AP invoices can add up to 25% of the [...]COVID-19 Drives VAT Changes
Back in March, during the early days of the COVID-19 pandemic, the EU’s European Commission recommended that member states offer a VAT holiday. The [...]Input VAT recovery, that’s your RIGHT
A fundamental pillar of VAT is that input transactions must be incurred in the furtherance of the taxable person’s business. Without this, VAT cease [...]The Future of VAT
At the center of Western Europe’s state funded health care system, public infrastructure, and state support is VAT. The tax helps the various state [...]Prepping for EU’s 2021 VAT eCommerce Package
Back in 2015 the EU introduced VAT rules that were updated for the age of the internet. The old rules, which were designed long before the advent of e [...]VAT AND DEPOSITS
What has changed? HMRC has changed its approach to VAT on deposits. The change affects situations where a deposit has been paid, but not the actual su [...]
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