If you trade with overseas businesses

If you trade with overseas businesses, there are major changes to the Cross-border VAT rules applying to goods and services. These affect where, how and when VAT is accounted for, completion of EC Sales Lists for goods and services, and reclaiming VAT incurred in another EU country. These changes take effect from 1 January 2010. Do you supply services to or receive services from overseas busine...

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Online VAT Filing

From 1 April 2010, all businesses with an annual (VAT exclusive) turnover of £100,000 or more must file their VAT Returns online. Any business registering for VAT on or after that date will also have to file online, whatever its turnover. HMRC say that filing online is a much simpler way of doing your VAT Returns, but if you need assistance the first time you do it, there's an online demons...

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