VAT...simplified! Customs and stamp duty advice in plain simplified language. Columnist @AccountingWebUK My tweets are my own views #awesomeindirecttax #VAT
London, England
Joined December 2014
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If "just cooling down after coming out of oven" then that's zero rated too, lot of case law as to when its "cooling down" but basically if you keep the thing warm using lights/heaters then its 20%, if its cooling down on a table then it's 0%.
The VAT guy! retweeted
Why is this not the biggest story in the UK right now?
lancs.live/news/lancashire-n…
The VAT guy! retweeted
Facebook once bought a VPN app for $120M and turned it into a surveillance tool that spied on 33M+ users' entire phones for years.
This app helped Zuck buy WhatsApp for a whopping $19B and break Snapchat's encryption.
Thread
Increase in VAT late payment penalties from 01 April 2025:
3% at 15 days
3% at 30 days
10% from day 31
shorturl.at/QS1SZ
Hearing reports of lots of scam HMRC emails asking you to "click here" to verify your recently submitted VAT return. Phishing emails are always being sent but hearing a lot of different variations in last few days, so just remember never click a link in any email.
AccountingWeb community awards 2024 - tax expert/contributor of the year is me! A great start to 2025 and I look forward to writing more articles and blogs on VAT because it's the best tax there is! 😊
accountingweb.co.uk/practice…
The VAT guy! retweeted
One for you @UKLabour and @RachelReevesMP. These duty bands are unworkable. And they won’t generate any more revenue. Just “Brexit benefit” red tape. Is the @BBCr4today programme aware of this? Lots of stuff about farmers. Nothing about the wine and hospitality businesses.
Sunak’s wine legacy.
The highest rates of duty on wine in Europe, with 64 bands of duty (to replace just 2!) from 1 Feb 2025.
Will the next government do the right thing - it’s a simple move - and help businesses and consumers?
My monthly newsletter…
newsletter.bauduc.com/t/y-e-…
The VAT guy! retweeted
In May this year, @LordPeterHendy pressured my now-former employer @SYSTRA_UKIRL to sack me by threatening them.
Why did he do this? Because I'd highlighted safety and accessibility issues at Euston station. He is unfit for office and should resign.
politico.eu/article/uk-rail-…
Lots to digest, lots to think about and to get ready for January 2025.
gov.uk/government/publicatio…
The VAT guy! retweeted
Is the UK government at risk of losing £100 million plus in compensation to a family who made hundreds of millions from Covid?
How much did the brethren Hales family make from Covid?
My latest article on Open & Candid
openandcandid.com/spoiltheeg…
The VAT guy! retweeted
There are just THREE days left to submit your entry! ⌛
It's so important to enter #AE24 to ensure your story is seen and recognised by the best of the accounting profession 💙
Enter now: ow.ly/SgVo50RgTVW
#accountants #bookkeepers #accountingawards #awards
Synth Riders is a proper workout if you set it to 360 mode (the balls come at you from front, side, above, below and behind).
The VAT guy! retweeted
VAT avoidance reaches new heights as automatic but opt-outable 15% added restaurant’s bills bit.ly/3U8CeV2 Because it is not compulsory but a voluntary payment no VAT is charged on it. If it was just added to each price it would be VATable
The VAT guy! retweeted
We're excited to present the Spring Edition of the Tax Round, featuring the latest tax updates, including highlights from the Spring Budget and the Year End Planning Guide. We've also included other tax updates as well as important dates. Read more.
bit.ly/3x6HMGu
Was considering these guys a few years back, never got a straight answer about fees, the 5% fees tucked deep into the 30+ page contract, glad I passed on this.
@EddieCrouch Received email from NHS re 'new patient premium scheme', received Friday afternoon, had to reply by 10am this morning, if I don't reply I am opted into the scheme, anyone else got this forced upon them?
Useful little guide on the various iterations of VAT reverse charge (domestic, services, etc)
accountingweb.co.uk/resource…
#awesomeindirecttax
