Articles/News


Steps to be considered if you hold an invalid VAT invoice

To claim input tax, VAT registered businesses in the UK have to furnish valid VAT invoices as evidence. All VAT registered businesses in UK must issue a valid VAT invoice showing VAT payment whether in paper or electronic form. They ...

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February 12, 2021


New rules were expected at the end of the Brexit transition period. And the same are clear now. Till Dec 2020 tax relief was there on import VAT if the amount was under £15. This was known as LVCR - Low-Value Consignment Relief. No import VAT was to be paid if you imported goods from EU (known as acquisition then) under £15.

There is no Low-Value Consi...

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February 09, 2021