Lib Dems call for 5% VAT cut for pubs and restaurants

The Liberal Democrats are calling for a 5% cut in VAT in this month's budget to support the UK's ailing hospitality sector ...

Nigel Farage: VAT threshold should be raised

Reform UK’s Nigel Farage has hit out at suggestions that the VAT threshold for businesses should be lowered from its £90,000 ...
JD Supra

UK HC confirms HMRC should consider allowing input VAT recovery on robust alternative evidence—even where no VAT invoice exists

Hotelbeds UK Ltd operates as a wholesale supplier of hotel accommodation, purchasing rooms from UK VAT-registered hotels and reselling them to ...
JD Supra

VAT treatment of certain factoring commissions confirmed

A Finnish company was providing factoring services that consisted in "invoice factoring", which took the form of a credit granted that corresponded ...
AccountingWEB

CIS reverse charge & VAT registration

A new company intending to be involved in buying and refurbishing residential property for sale has approached me to do some bookkeeping work. Company will ...

Russia to phase in lower VAT thresholds after pushback from small businesses

The Russian government has softened its initiative to increase the value-added tax (VAT) for small businesses starting in ...