VAT

VAT return

November 12 2021

Are you ready for your VAT return?

CBAccountancy Blog, VAT Tax, VAT 0

VAT returns are an important part of every company’s annual accounts. These returns are typically paid to HMRC every 3 months, and can cause you to be fined if they are submitted incorrectly or not on time.

understanding VAT

August 10 2021

A Guide to Understanding VAT?

CBAccountancy Accountancy, Blog, Bookkeeper, Finances, Self Assessments, VAT VAT 0

Understanding VAT can be complicated especially if you’re a business owner. This blog includes an explanation of what VAT is, the rate of VAT and points to ensure your VAT return suffices HMRC standards. If you’re a business owner, this guide is perfect for you.

building

June 2 2016

Build your own house – Reclaim the VAT from the HMRC!!

CBAccountancy Accountancy, Blog, Property management, Self Assessments, VAT HMRC, VAT 0

Are you thinking of building your own house? Well you can now reclaim the VAT.

You can apply to HMRC for a VAT refund on building materials and services if you are building a new home, or converting a property into a home. In order to qualify, the home must be separate and self-contained, be for you or your family to live or holiday in, and not be for business purposes (although you can use one room as a work from home office). Builders working on new buildings should zero rate their work anyway and you won’t pay any VAT on their services.

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