News,May 2018

is there vat on food

Is There VAT on Food?

08/01/2024tax , Tax Saving Tips , VAT

Let’s dive into the topic of whether is there VAT on food in the UK. VAT stands for Value Added Tax, which is a consumption tax applied to goods and services in the UK. When it comes to food, the VAT treatment can vary depending on the type of food and how it is sold. …

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is there VAT on train tickets

Is There VAT on Train Tickets?

28/12/2023VAT

Let’s dive into the discussion about whether is there VAT on train tickets. Value Added Tax (VAT) is a consumption tax that is applicable in many countries, including the UK. When it comes to train tickets, the application of VAT can be a bit complex. In general, most standard train tickets are exempt from VAT. …

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how to claim VAT on insurance

How to Claim VAT on Insurance?

20/12/2023VAT

Let’s dive into the topic of how to claim VAT on insurance. It’s an interesting area that involves understanding the complexities of VAT regulations and how they apply to insurance expenses. VAT, or Value Added Tax, is a consumption tax that is charged on most goods and services in the UK. When it comes to …

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can you pay vat in instalments

Can You Pay VAT in Instalments?

18/12/2023VAT

Let’s dive into the topic of whether can you pay VAT in instalments. It’s a common concern for businesses looking for more flexibility in managing their VAT obligations. Paying VAT in instalments refers to the option of spreading out your VAT payments over some time, rather than paying the full amount in one go. This …

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can you claim vat on staff entertainment

Can You Claim VAT on Staff Entertainment?

04/12/2023Accountants , VAT

Are you wondering whether can you claim VAT on staff entertainment or not in the UK? VAT stands for Value Added Tax, which is a consumption tax added to the price of goods and services. Value-added tax happens to be a little complex when we talk about the entertainment of the staff members. We need …

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Do cosmetic clinics have to pay VAT

Do Cosmetic Clinics have to Pay VAT?

10/11/2023Tax News and Tips , VAT

Are you a cosmetic clinic owner wondering whether you have to pay VAT on your services? Then this blog is for you. When you’re employed in a cosmetic clinic in the UK, staying informed about industry-specific regulations is essential. HMRC enforces distinct sets of rules tailored to each sector, and non-compliance can result in fines …

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VAT on car parking

Is There VAT on Car Parking?

18/07/2023tax , Tax Issues , Taxation , VAT

There are several individuals who are residing in the UK and wondering as a beginner whether there is VAT on car parking in the UK or not. In simple and swift work, we can say that there is VAT applicable on the parking of cars and the scenario does not change because of the circumstances …

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