Correction of VAT Errors – Process Changes

Update: VAT Notice 700/45 & Withdrawal of Form VAT652 HMRC has updated VAT Notice 700/45, which explains how to correct mistakes on past VAT returns. At the same time, Form VAT652 has been withdrawn. Businesses must now use HMRC’s online service (or write to HMRC)...

Recovering VAT input tax

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA To successfully claim input tax, businesses must ensure they hold appropriate evidence to support their claim. A failure to do so can result...