Value Added Tax Guide Archives | Lambert Chapman

The ABCs of VAT for small business owners

The ABCs of VAT for small business owners

1 Feb 2024 | Publication, Value Added Tax Guide

Handling VAT effectively is vital for the smooth operation of a small enterprise.

VAT accounting schemes

VAT accounting schemes

2 Aug 2022 | Publication, Value Added Tax Guide

Choosing the right scheme for you.

VAT accounting schemes

The basics of VAT for UK businesses

16 Jun 2021 | Publication, Value Added Tax Guide

An introduction to the main business tax – VAT.

VAT accounting schemes

MTD for VAT extension set for 2022/23 rollout

22 Jul 2020 | Publication, MTD, Value Added Tax Guide

Making Tax Digital (MTD) is set to expand to all VAT-registered businesses from April 2022, the Treasury has announced.

VAT accounting schemes

The Capital Goods Scheme for VAT

10 Jun 2020 | Publication, Value Added Tax Guide

The VAT capital goods scheme affects input VAT recovery relating to high-value capital assets. Input VAT is a tax incurred on most purchases made by VAT-registered firms, and they can usually reclaim it from HMRC in full. The scheme usually applies to partially-exempt...