Facebook
Norwich: 01603 616300

VAT

News

The Story of Polly

May 2016

Holiday Homes buy to let

*Featured In The EDP Norfolk Magazine* Renting out properties as holiday homes can be a great way to boost income. However, many people are unsure if becoming VAT registered is a good idea or not. What follows is a brief anecdote highlighting some of the aspects to consider when deciding whether or not to registering […]

READ MORE

The Budget 2016: Key Points

March 2016

Brown envelope with tear displaying budget 2016

Today, the Chancellor of the Exchequer, George Osborne delivered his eighth budget. In this article, we’ll highlight the key points that were announced. Initially, the budget started rather pessimistically, with warnings of ‘storm clouds forming over the global economy’. One of the first things to be mentioned was that growth forecasts for the UK economy […]

READ MORE

Making Tax Simple by 2020

March 2016

Wooden blocks spelling out tax in the palms of mans hand

We can expect to see a great many changes to taxation management by 2020. There are two key changes HMRC wishes to drive into the current tax system; making tax digital and simple. This blog focuses on how HMRC plans to make tax simple by 2020, to see how tax will be made digital by […]

READ MORE

Making Tax Digital by 2020

March 2016

Various digital devices displaying clouds on different coloured backgrounds

We can expect to see a great many changes to taxation management by 2020. There are two key changes HMRC wishes to drive into the current tax system; making tax digital and simple. This blog focuses on how HMRC plans to make tax digital by 2020, to see how tax will be made simple by […]

READ MORE

How, When and Why Should you become VAT Registered?

July 2015

Photo of David Fiddy, Head of VAT at Aston Shaw

VAT (or value-added tax) is a tax imposed on most goods and services in the UK. There are three rates of VAT; standard, reduced and zero-rated. The differences between these rates are as follows: Standard rate – Currently 20% Reduced – Currently 5% Zero Rated – 0%, of course Goods and services in the UK may […]

READ MORE

Emergency Summer Budget 2015

July 2015

Downing street and White hall sign on old style building

In front of a lively audience in the House of Commons today, Chancellor of the Exchequer George Osborne delivered his emergency budget, the first all-Conservative budget since 1996. Our tax consultant has been dissecting the changes; below are the major points from the Budget: The Key Points: New National Living Wage – starting from April […]

READ MORE

Autumn Statement 2014: Key Points

April 2015

Autumn picture of The British houses of Parliament with the River Thames in foreground

The Chancellor delivered his autumn statement to a lively house of commons today, 3rd December.  Far from acknowledging that the economy had gone off track, the Chancellor asserted that whilst the reduction of the deficit was marginally less than forecast for this and next year, in subsequent years it would return to a surplus slightly […]

READ MORE

The Budget 2015: Key Points

March 2015

Entrance to downing street with sign on old fashioned building in background

The Chancellor of the exchequer announced the Budget 2015 at midday today, delivering an upbeat assessment of the nation’s economic outlook and outlining a positive Budget which the Conservatives hope will put them in the commanding position in the pre-election polls. The Chancellor took the opportunity early on to boast about the nation’s growth that […]

READ MORE

VAT Moss Update

December 2014

EU VAT MOSS What it means for you

If a business sells digital content such as eBooks, downloads and other non-physical resources, VAT will be payable to the country where the service was bought. Whereas before VAT was charged in the country of the supplier. For example, if an eBook is sold to a customer in Spain and one in Italy, the business […]

READ MORE

The Hidden Costs of VAT

December 2014

Do you use overseas providers for any of your needs such as advertising? If so, are you accounting for VAT correctly in respect of these services? Take for example providers that are based in the Republic of Ireland and therefore do not have to charge VAT on the services that they supply to other VAT […]

READ MORE

Choose Your Topic

Sign up for our news and business insight newsletter

No spam. No waffle. Just useful, practical and valuable news and insight, straight to your inbox. We always protect your personal data.

Aston Shaw Twitter Logo

New Article!With Christmas being 24 days away, retailers are going to be at their busiest. EPOS systems can help these retailers in different ways and help them better understand their business.Find out more below 👇 bit.ly/3xJiSZO pic.twitter.com/qfYk5FbWUO

About 4 hours ago from Aston Shaw's Twitter via Sprout Social

Client Login