Bloomsbury Professional VAT 2020/21

Erscheinungsjahr 2020
ISBN: 978-1-5265-1461-5
Verlag: Bloomsbury

Buch, Englisch, 936 Seiten, Paperback, Format (B × H): 156 mm x 234 mm

Reihe: Core Tax Annuals

This annual guide to VAT provides clear and simple coverage enabling the reader to grasp current VAT law confidently. With a wealth of practical examples, this book is an ideal guide for tax advisers dealing with VAT, and small business proprietors.

Value Added Tax 2020/21 has been updated to include the following:

- The VAT changes resulting from the pandemic including:

- The bringing forward of the zero-rating of electronic publications
- The introduction of a temporary zero-rate for PPE
- The temporary 5% reduced rate for the hospitality industry
- Brexit changes
- The introduction of postponed accounting
- Zero-rating of women's sanitary products

This accessible reference guide has a user-friendly structure with 'signposts' at the beginning of each chapter to summarise key topics and 'focus points' throughout to highlight important issues, as well as numerous worked examples demonstrating how to apply the main principles in practice.

Andrew Needham is a Chartered Tax Adviser and heads VAT Specialists Ltd. Andrew has a degree in Law from UCNW Bangor and is a specialist in indirect taxes, international tax and land and property issues. He is also a lecturer on VAT issues. Andrew has over 30 years' experience in VAT having spent 7 years in HM Customs & Excise, firstly as a VAT inspector, then as a departmental trainer, and finally in a headquarters policy unit dealing with the introduction of the EU single market.

Autoren/Hrsg.

Needham, Andrew

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)

Inhaltsverzeichnis

Chapter 1 How VAT works-an outline of the system
Chapter 2 Where to find the law
Chapter 3 When to register and deregister for VAT
Chapter 4 VAT groups
Chapter 5 The VAT return
Chapter 6 So what must VAT be charged on?
Chapter 7 Time of supply-when VAT must be paid
Chapter 8 The value of supply rules
Chapter 9 So what is reduced-rated?
Chapter 10 So what is zero-rated?
Chapter 11 So what is exempt?
Chapter 12 Is there one supply or two?
Chapter 13 What can a business recover input tax on?
Chapter 14 What is a valid tax invoice?
Chapter 15 Credit notes
Chapter 16 Bad debt relief
Chapter 17 What records are required?
Chapter 18 VAT housekeeping for finance directors
Chapter 19 How does a business keep up to date on changes in VAT?
Chapter 20 Exports and removals of goods
Chapter 21 Imports and acquisitions of goods
Chapter 22 EC Sales Lists and Intrastat returns
Chapter 23 Exports and imports of services
Chapter 24 Partial exemption
Chapter 25 The Capital Goods Scheme
Chapter 26 Property
Chapter 27 Recovery of foreign VAT: the 8th and 13th Directives
Chapter 28 What is a business?
Chapter 29 Agency is special
Chapter 30 Joint ventures
Chapter 31 The Second-hand Goods Scheme
Chapter 32 The Retail Schemes
Chapter 33 Annual Accounting Scheme
Chapter 34 Cash Accounting Scheme
Chapter 35 The Flat Rate Scheme for Small Businesses
Chapter 36 The Flat Rate Farmers' Scheme
Chapter 37 The Tour Operators' Margin Scheme
Chapter 38 Buying or selling a business
Chapter 39 Assessment and VAT penalties
Chapter 40 Taking an appeal to the Tribunal

Über Autor(innen)

Needham, Andrew
Andrew Needham is a Chartered Tax and heads VAT Specialists Ltd, Andrew has a degree in Law from UCNW Bangor and is a specialist in indirect taxes. Andrew has over 30 years' experience in VAT having spent 7 years in HM Customs & Excise, firstly as a VAT inspector, then as a departmental trainer, and finally in a headquarters policy unit dealing with the introduction of the EU single market.
After leaving Customs he joined Deloitte & Touche as a VAT consultant in Liverpool and then Manchester, where he qualified as a Chartered Tax Adviser. Andrew then moved to London where he worked on formulating indirect tax planning ideas, writing articles for tax publications, and was author of Deloitte's Weekly VAT News. From Deloitte's, Andrew moved to Ernst & Young in Manchester as a senior indirect tax consultant, where he managed the indirect tax affairs of several multi-national companies.

Andrew is a specialist in international tax, land and property issues and also a lecturer on VAT issues. He was a VAT adviser to the Forum of Private Business and represented them quarterly on the Joint VAT Consultative Committee. Andrew is author of Bloomsbury Professional Value Added Tax (previously Tottel's Value Added Tax).

Andrew Needham BA CTA of VAT Specialists Limited.