vat Archives - Professional Builder

HMRC now issuing more and more of its heaviest fines for VAT errors
|Date: 18 October, 2024

HMRC now issuing more and more of its heaviest fines for VAT errors
HMRC issues 38% more heavy fines as it cracks down on ‘deliberate’ VAT return errors VAT-related p ...
HMRC issues 38% more heavy fines as it cracks down on ‘deliberate’ VAT return errors VAT-related penalties totalled £153m in the past year HMRC is increasingly levying its heaviest penalties on ...
18 October, 2024
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Guide on VAT Domestic Reverse Charge
|Date: 2 May, 2024

Guide on VAT Domestic Reverse Charge
Liza Gratton, Group Chief Finance Officer for Indigo Group, gives PB readers a handy guide to the VAT Dom ...
Liza Gratton, Group Chief Finance Officer for Indigo Group, gives PB readers a handy guide to the VAT Domestic Reverse Charge. The purpose of the VAT Domestic Reverse Charge (DRC) was to prevent frau ...
2 May, 2024
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Spring Budget 2024: What the experts are saying
|Date: 7 March, 2024

Spring Budget 2024: What the experts are saying
© Wirestock / Adobe Stock Chancellor Jeremy Hunt unveiled the government's 'Budget for Long Term Growth' ...
© Wirestock / Adobe Stock Chancellor Jeremy Hunt unveiled the government's 'Budget for Long Term Growth' yesterday (March 6th 2024), promising lower taxes, better public services and more investment. ...
7 March, 2024
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Get ready and plan now for your tax obligations
|Date: 7 December, 2023

Get ready and plan now for your tax obligations
With the Chancellor’s Autumn Statement highlighting the need to manage inflation and rising costs, mainta ...
With the Chancellor’s Autumn Statement highlighting the need to manage inflation and rising costs, maintaining compliance with tax laws is more important than ever for all construction businesses, no ...
7 December, 2023
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VAT cut will help boost green homes
|Date: 27 May, 2022

VAT cut will help boost green homes
VAT cut will help boost green homes, says FMB The Chancellor’s decision to slash VAT to zero percent on h ...
VAT cut will help boost green homes, says FMB The Chancellor’s decision to slash VAT to zero percent on home energy saving measures will help boost the drive for greener and more energy efficient home ...
27 May, 2022
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Queen’s Speech missed opportunity to decarbonise the nation’s homes, says FMB
|Date: 11 May, 2022

Queen’s Speech missed opportunity to decarbonise the nation’s homes, says FMB
The Government have missed a further opportunity to introduce a strategy to decarbonise the nation’s home ...
The Government have missed a further opportunity to introduce a strategy to decarbonise the nation’s homes, but have rightly renewed their focus on improving the planning system and enhancing the UK’s ...
11 May, 2022
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The new Volkswagen Transporter 6.1 Sportline
|Date: 29 April, 2022

The new Volkswagen Transporter 6.1 Sportline
It maybe in its eighth decade but the Volkswagen Transporter can still give the opposition more than a ru ...
It maybe in its eighth decade but the Volkswagen Transporter can still give the opposition more than a run for its money, especially on sports day! The end of the pandemic as we know it? Well let’s ju ...
29 April, 2022
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CEO of the Energy and Utilities Alliance (EUA) comments on the Spring Statement
|Date: 8 April, 2022

CEO of the Energy and Utilities Alliance (EUA) comments on the Spring Statement
“The Chancellor has clearly not heard the outcry over rocketing energy bills faced by millions. He has do ...
“The Chancellor has clearly not heard the outcry over rocketing energy bills faced by millions. He has done nothing in the Spring Statement to help the vast majority of consumers who face bills doubli ...
8 April, 2022
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CEO of Worcester Bosch comments on the Spring Statement
|Date: 7 April, 2022

CEO of Worcester Bosch comments on the Spring Statement
“We welcome the Chancellor’s removal of VAT on heat pumps, solar panels and other energy-efficiency measu ...
“We welcome the Chancellor’s removal of VAT on heat pumps, solar panels and other energy-efficiency measures. We feel that this will support the needed transition of UK homes towards a net zero future ...
7 April, 2022
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“Chancellor’s tax cut on energy saving tech is welcome” says Chris Gardner
|Date: 6 April, 2022

“Chancellor’s tax cut on energy saving tech is welcome” says Chris Gardner
Chris Gardner, Co-founder of the development lender Atelier, commented: “With the cost of building materi ...
Chris Gardner, Co-founder of the development lender Atelier, commented: “With the cost of building materials surging once again, the Chancellor’s surprise tax cut on energy-saving technology offers a ...
6 April, 2022
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RICS’ Senior Public Affairs Officer, comments on energy efficient homes
|Date: 5 April, 2022

RICS’ Senior Public Affairs Officer, comments on energy efficient homes
“Our findings from the market suggest that the biggest barrier to improve the energy efficiency of homes ...
“Our findings from the market suggest that the biggest barrier to improve the energy efficiency of homes is cost – 85% of respondents in fact. “However, the road to achieving Net Zero always required ...
5 April, 2022
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NFB Welcomes announcement on VAT For Energy Saving Measures
|Date: 5 April, 2022

NFB Welcomes announcement on VAT For Energy Saving Measures
In his Spring Statement, the Chancellor of the Exchequer has today announced that the Government will red ...
In his Spring Statement, the Chancellor of the Exchequer has today announced that the Government will reduce the VAT rate on energy saving measures (ESM) and their installation to zero for homeowners. ...
5 April, 2022
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VAT cut will help boost green homes, says FMB
|Date: 4 April, 2022

VAT cut will help boost green homes, says FMB
The Chancellor’s decision to slash VAT to zero percent on home energy saving measures will help boost the ...
The Chancellor’s decision to slash VAT to zero percent on home energy saving measures will help boost the drive for greener and more energy efficient homes, says the Federation of Master Builders (FMB ...
4 April, 2022
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Spring Statement announces 0% VAT for the next five years on energy efficient home renovations
|Date: 1 April, 2022

Spring Statement announces 0% VAT for the next five years on energy efficient home renovations
45% of homeowners have looked into making their home more energy efficient but found it too expensive wit ...
45% of homeowners have looked into making their home more energy efficient but found it too expensive without government support James Morley, Business Development Director at Cornerstone Tax, discuss ...
1 April, 2022
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Are new dwellings always zero rated? VAT specialist explains
|Date: 19 January, 2022

Are new dwellings always zero rated? VAT specialist explains
Kevin Hall, a VAT specialist at law firm Wright Hassall, poses the question whether new dwellings are alw ...
Kevin Hall, a VAT specialist at law firm Wright Hassall, poses the question whether new dwellings are always zero rated? Well, not exactly – as he explains. Thanks to a variety of cases, property deve ...
19 January, 2022
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Search Traffic for the VAT Reverse Charge in Construction Rises 40 Per Cent
|Date: 12 January, 2022

Search Traffic for the VAT Reverse Charge in Construction Rises 40 Per Cent
New digital construction industry report reveals a rise in searches for the VAT domestic reverse charge. ...
New digital construction industry report reveals a rise in searches for the VAT domestic reverse charge. Online searches related to the VAT reverse charge in building and construction services have ri ...
12 January, 2022
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