Vat

HMRC has made significant changes to the process for updating VAT registration details. Aberdeen-based chartered accountants firm Hall Morrice is advising businesses that, effective from today, any requests to change VAT registration details must be made using the VAT online account.

Judges have ruled that Walkers must pay VAT on its mini poppadoms because they are really just crisps. The snack giant had argued that that its Sensations Poppadoms were not crisps and should not attract sales tax.

The Federation of Small Businesses (FSB) has urged the UK government to consider removing the “barrier to growth” many small businesses are faced with by raising the VAT threshold. FSB's new paper, "VAT for Small Businesses", suggests revamping the VAT system could be the key to unlockin