VAT Archives - R J Francis & Co
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VAT

23 Feb

Posted at 09:49h in VAT by

Many businesses chose to take the option to defer their VAT payments due between 20 March and 30 June 2020, which then became payable by 31 March 2021. However, with the effects of the pandemic lasting far longer than most had anticipated, and cashflow remaining...

17 Feb

Posted at 08:00h in VAT by

Following the UK’s departure from the EU on 1 January 2021, the Government has introduced ‘postponed accounting’ for import VAT on goods brought into the UK from that date. As a result, UK registered businesses importing goods into the UK will be able to account...