December 2021 VATwatch

Bevan VAT Newsletter

Christmas Opening Hours

 

The office will be closed from 5pm on Thursday 23rd December until 9am on Tuesday 4th January.

 

Wishing you all a wonderful Christmas and New Year.

 

 

VAT50/51

 

For group VAT registration applications, HMRC has redeveloped forms VAT 50 and 51 so that there is now a combined form to be used.

 

 

 

Changes to penalties

 

For periods beginning on or after 1st April 2022, there are changes to the penalty system for late submission or payment of VAT Returns.

 

HMRC has produced a very helpful video explaining the changes and I am trying to get a copy to share. In the meantime, you can read about the changes online.

 

 

 

 

Thank you for taking the time to read this VATwatch round-up.

 

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