Recent developments

The following modules have been updated recently:

  • Penalties: This includes guidance on the new penalty regime applying from 1 January 2023. 


Flat rate scheme for small businesses

by Angela Bedi

The provisions relating to the flat rate scheme for small businesses

20 mins
Course status: Not yet started
Released in January 2023
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Other special schemes for small businesses

by Angela Bedi

Two special schemes to help small businesses with VAT accounting  – the cash accounting scheme and the annual accounting scheme

15 mins
Course status: Not yet started
Released in January 2023
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Agricultural Flat Rate Scheme (AFRS)

by Angela Bedi

The scheme available to farmers and others involved in designated production activities as an alternative to VAT registration

15 mins
Course status: Not yet started
Released in January 2023
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Bad debt relief scheme

by Angela Bedi

The main conditions of the scheme, how it operates and the corresponding provisions for clawback of input tax

15 mins
Course status: Not yet started
Released in January 2023
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Records and payments

by Angela Bedi

A review of the main VAT compliance and record-keeping requirements

20 mins
Course status: Not yet started
Released in January 2023
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Assessments and appeals

by Angela Bedi

HMRC’s powers of assessment and the taxpayer’s rights to review and appeal

20 mins
Course status: Not yet started
Released in January 2023
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Penalties

by Angela Bedi

When a penalty may apply and how it is calculated

25 mins
Course status: Not yet started
Released in January 2023
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Business promotion schemes

by Angela Bedi

A review of some of the more common schemes and their VAT implications


15 mins
Course status: Not yet started
Released in January 2023
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Tour Operators Margin Scheme (TOMS)

by Angela Bedi

An overview of the TOM scheme and how it works


20 mins
Course status: Not yet started
Released in January 2023
Book a demo