In response, on 29 July 2020 HMRC issued guidance on which types of lease variations may result in a VAT or SDLT charge. HMRC say that this guidance does not change their policy, but one could ...

Currently, HMRC tells business owners and accountants it could take up to 40 working days, around eight weeks, to deal with a VAT registration request. The taxman says it usually deals within this ...

A Cardiff man was hit with tax bills totalling £500,000 from 11,000 firms, mostly from China, after HMRC allowed them to register for VAT to his address. The extraordinary case “looks to all ...

But the gap between what HMRC estimated it is owed in VAT and what it collected was greater last year than the year before. The gap stood at £8.8bn in the 2022-2023 tax year, up from £7.6bn in ...

Vale Wildlife Hospital, which celebrated its 40th anniversary in 2024, relies on public donations to continue its work, with running costs of about £75,000 a month. It treated more than 8,000 animals ...