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VAT: 50 years on - your questions answered
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About this session
The nation’s favourite tax reached its golden jubilee on 1 April. For many businesses and accountants, the date falling on April Fools’ Day was not lost on them. Over the years VAT has been a constant minefield, with businesses confused by the rules and limiting growth to stay under the threshold.
In this episode of Any Answers Live, we welcome back VAT experts Jason Croke and Ruth Corkin to reminisce about the complex tax, consider any simplifications to reform the contentious business tax, and to offer their predictions for what will come next.
There is plenty of news to discuss too; from the frozen threshold at the Budget pulling more businesses into the VAT system, too late VAT registration and the new VAT portal which Croke recently said, leads users down a ‘rabbit hole of pain’.
And with VAT being one of the most frequently asked questions on AccountingWEB’s Any Answers forum, this episode will give you the chance to put YOUR burning questions to our panel of VAT experts.
By attending this session you will find out:
- What are the latest developments in VAT
- How the indirect tax could be simplified
- What to do if a business should have registered but failed to do so
- How to deal with any issues with MTD for VAT; and
Much, much more!
Save your space for what is sure to be a popular session and be sure to bring your questions.
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