Hotelbeds UK Ltd operates as a wholesale supplier of hotel accommodation, purchasing rooms from UK VAT-registered hotels and reselling them to travel businesses. Due to industry practice, Hotelbeds ...
It is a fundamental concept of VAT that the tax is only charged on the value added in the supply of goods and services. Registered traders charge VAT on their sales but set off the VAT on their ...
Ahead of the Self Assessment deadline of 31 January, HMRC deputy director for Self Assessment, Jashoda Pindoria MBE, answers ...
The UK government has launched a consultation to explore the wider adoption of electronic invoicing (e-invoicing) in business transactions, a move that could lead to real-time reporting of ...
Tax returns are changing – with a new way to record and report your income and expenses, according to the Labour Party ...
More and more markets around the world are adopting it in line with evolving global legislation, and now it’s the UK’s turn. HMRC is consulting with industry stakeholders about how best to standardise ...
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