13 August 2026| CATEGORIES: Capital Goods Scheme, New legislation, VAT| TAGS: Capital Goods Scheme, partial exemption, property VAT
The UK Government has introduced significant changes to the VAT Capital Goods Scheme (CGS), with effect from 29 July 2026. Computers have been removed from the CGS entirely; and the expenditure threshold for land, buildings and civil engineering works has increased from £250,000 to £600,000, excluding VAT. The changes are intended to simplify the VAT rules and reduce the administrative burden associated with monitoring and adjusting input tax recovery on capital assets over a number of years.
5 August 2026| CATEGORIES: e-invoicing, Milestone, Peppol, UK| TAGS: e-invoicing, Peppol, UK
The UK Government has confirmed that Peppol will be the core interoperability network for the UK’s e-invoicing regime from April 2029. This provides businesses and software providers with much-needed certainty over the technical framework that will underpin the new requirements.
24 July 2026| CATEGORIES: domestic electricity, VAT rates, zero rate| TAGS: domestic electricity, VAT rate cut, zero rate
The UK Government has announced plans to remove VAT from domestic electricity bills from 1 October 2026. Qualifying domestic electricity supplies will become zero-rated for VAT purposes, replacing the current reduced rate of 5%. Energy suppliers will need to consider how the change will affect invoicing, contracts, VAT reporting, systems configuration and customer communications.
26 May 2026| CATEGORIES: 5%, Summer 2026, Temporary VAT rate reduction| TAGS: 5%, Cost of living, Summer 2026, Temporary VAT reduction, VAT
The government has announced a temporary reduction in the rate of VAT from 20% to 5% on certain children’s meals, entertainment tickets and family attractions for the 2026 summer holiday period. The changes will apply from 25 June 2026 to 1 September 2026 (inclusive).
14 January 2026| CATEGORIES: New VAT guidance, VAT exemption| TAGS: locums, New HMRC policy, vat exemption, VAT refund
HMRC has issued Revenue & Customs Brief 9 (2025) (RCB9) following its loss in a First-tier Tribunal case concerning the VAT treatment of supplies of locum medical practitioners. RCB9 sets out the circumstances in which businesses may be entitled to reclaim overdeclared output VAT on supplies of locum doctors.
9 December 2025| CATEGORIES: B2B, e-invoicing, UK| TAGS: digital transformation, e-invoicing, HMRC
The government announced in the Autumn Budget 2025 that e-invoicing will become mandatory for all VAT invoices from April 2029. This represents a major shift in how UK businesses issue, receive and process invoices. Businesses should start preparing now.
30 October 2025| CATEGORIES: Business acquisition, Milestone| TAGS: RBCVAT, Tax tech, VAT advisory, VAT compliance, Way2VAT
RBCVAT has been acquired by Way2VAT, strengthening the combined group’s position as a leading provider of global VAT compliance, advisory and recovery solutions. The transaction brings together RBCVAT’s deep technical VAT advisory and compliance expertise with Way2VAT’s advanced, AI-powered global VAT recovery technology.
3 October 2025| CATEGORIES: e-invoicing, Platform economy, Single VAT registration, VAT in the Digital Age, VIDA| TAGS: EU VAT news, European Commission, VIDA
The European Commission has published its implementation strategy for the VAT in the Digital Age (ViDA) package, presenting actions to support businesses and Member States with the practical implementation of the requirements. The Commission estimates that the ViDA package will generate €51 billion in savings for businesses.
24 June 2025| CATEGORIES: New VAT policy, Pension fund costs, VAT deduction| TAGS: investment costs, New HMRC rules, pension funds, VAT
Revenue & Customs Brief 4 (2025) provides details of an HMRC policy change to VAT deduction rules in relation to pension fund costs. Investment costs will no longer be viewed as subject to dual use. All associated input tax will now be seen as the employer’s and recoverable by the employer, subject to normal deduction rules.
17 June 2025| CATEGORIES: Charity, fundraising, HMRC guidance| TAGS: fundraising, New guidance, Revenue & Customs Brief, VAT
HMRC has updated guidance on the VAT treatment of income received from charity fundraising events following an Upper Tribunal decision. Revenue & Customs Brief 3 (2025) clarifies that the fundraising objective can coexist with other equally important aims, as long as fundraising remains one of the main goals.
