by Paul Whyatt | Apr 1, 2022 | Other Insights
The hospitality and tourist sectors have been supported through the Covid-19 pandemic by being able to pay a reduced amount of VAT to HMRC in respect of most sales. The reduced VAT rate was 5% from 15 July 2020 to 30 September 2021 and 12.5% from 1 October 2021 to 31...
by Paul Whyatt | Apr 1, 2022 | Business Advice, VAT
Contract termination fees can be a bitter pill to swallow when you just want out of an expensive agreement. What’s worse is that some suppliers will charge VAT on top of the cancellation fee, while others will not. The law has been a bit of a mess, but HMRC has...
