17 November 2021| CATEGORIES: Brexit, COVID-19, VAT refund| TAGS: Bank transfer, NETP, VAT refund
HMRC are making available the option for NETPs to request VAT repayments by bank transfer instead of receiving a payable order.
22 September 2021| CATEGORIES: Covid measures, COVID-19, hospitality and tourism, VAT rates| TAGS: Covid measures, hospitality, VAT News
The VAT rate that applies to certain supplies of hospitality, hotel and holiday accommodation, and admission to certain attractions changes on 1 October 2021. The current 5% rate for these supplies will be replaced by the introduction of a new reduced rate of VAT of 12.5% which will remain in effect until 31 March 2022.
7 September 2021| CATEGORIES: COVID-19, VAT| TAGS:
HMRC has published Revenue and Customs Brief 11 (2021): VAT liability of Coronavirus (COVID-19) testing services, explaining the rules for the VAT treatment of COVID-19 testing services.
