New VAT Scheme for Second Hand Motor Vehicles Removed to Northern Ireland or Exported to the EU   A second hand motor scheme is being introduced by HMRC for motor vehicles bought in England, Scotland or Wales and removed...

  Processing of Option To Tax Forms Changes from 1st February   Following a short consultation, HMRC has decided to change the way they process Option to Tax (OTT) Forms with effect from 1 February 2023.   A letter confirming receipt of...

What is the VAT Tax Point Date? The tax point date for a supply is the date the item is bought or sold from a VAT point of view. Why does the VAT Tax Point Date Matter? The tax point...