Author: David Mann

My VIP Tax Team VAT Question of the Week: VAT Changes for Services from 1st January 2021: Use and Enjoyment and B2C professional services | 23rd December 2020 As an accountant we sometimes prepare tax returns for individuals living in the EU. From 1st January 2021 do we continue to charge UK VAT on those […]

Tax Question of The Week: Discretionary Trusts & 10 year charges | 16th December 2020 My client is a husband and wife who have settled a jointly held rental property worth £400,000 into a discretionary trust for their grandchildren. If the property value stays the same in ten years’ time would the trustees have a […]

VIP Tax Question of the Week: VAT Implications of the Northern Ireland Protocol | 8th December 2020 I have a number of clients based in Northern Ireland (NI) who both supply goods to and buy from mainland UK and the Republic of Ireland (ROI) mainly on a wholesale basis. Please could you clarify the rules […]

HR Expert: Statutory Wage Increase | 4th December 2020 A client is concerned about the Government’s recent announcement that the National Living Wage will increase next year. Is there anything that they need to keep in mind, or any financial assistance that they may be entitled to? It is unlikely that the Government will introduce […]

VQOTW: Fitted Furniture & Reduced Rate Building Work | 1st December 2020 My client specialises in bespoke joinery. He has worked on a lot of new houses but has now been asked to work on the renovation of an old country house that has been empty for many years. He will be supplying and fitting […]

VAT Question of the Week: Post Brexit Supplies of Digital Services | 25th November 2020 A number of clients supplying various kinds of digital /electronically supplied services to businesses and consumers in the EU. Their activities include the supply of downloadable software and Apps, and access to information, photo or videos held online. They currently […]

VAT Question of The Week: Selling Land with Civil Engineering Works | 12th November 2020 My client is a VAT registered builder who purchased bare land for £260,000 inclusive of VAT, with the intention to construct new dwellings and sell the freehold interest. He has incurred and recovered input tax on acquiring the land, professional […]

November 2020 Job Support Scheme | 29th October 2020 After further changes to the Job Support Scheme, a client would like to know how the changes will affect them, especially as they are a smaller business. Please can you advise? Employers like your client have likely been preparing for the Job Support Scheme (JSS) as […]