Archive for December, 2009

Trading with overseas businesses? Are you ready for the changes to the Cross-border VAT rules? 1 January 2010 is VAT day, VAT part 3

The third instalment of the Accountancy Services Direct VAT update sheets deals with overseas trading.
If you supply goods or services to overseas businesses, other EU countries or you reclaim VAT incurred in another EU country then you need to know about the changes to Cross-border trading VAT rules which take effect from 1 January 2010.
The [...]

Accountancy Services Direct – January 2010 is VAT day, are you ready? Part 2

In this Accountancy Services Direct article we will deal with the issue of electronic filing, are you ready for it and does it apply to you or your business?
HMRC has a plan in place to have everyone filing their VAT online by 2012.
From 1 January 2010 there are two things to consider:
1.When are you registering [...]

Are you ready for the VAT changes? 1 January is coming fast!

There is one main thing happening on 1 January 2010 and that is VAT!
VAT is having an update and we are going to look at a few key areas.
This part will deal with the rate changes.
The VAT rate is reverting back to 17.5% from 1 January 2010.
There are some anti-avoidance rules to be aware of, [...]