by David Jones | Nov 16, 2023 | Tax Investigations, VAT
Earlier this year, an intrepid officer from HMRC’s VAT hit squad, visited a small cake and sandwich shop and purely on a couple of hours observation, believed that the shop owners were deliberately minimising their Standard Rate (SR) sales. After a subsequent visit he...
by David Jones | Oct 12, 2023 | Business Start-up, Business Tax, Tax Investigations, VAT
Last week, VAT specialists VATCalc revealed that the number of UK businesses registering for VAT dropped by over 40,000, the first drop in registrations since 2011. This was surprising, as most experts in the field expected the number to rise, especially as the VAT...
by David Jones | Aug 3, 2023 | Business Tax, Self Assessment, VAT
As it has now been four months since I’ve posted a Blog on some of the more interesting and sometimes bizarre questions asked by clients and readers of the Blog, here’s today’s selection: Why can’t I claim my VAT back? Do I have to charge VAT on my yacht? Is my bra...
by David Jones | Jun 1, 2023 | Business Tax, VAT
This week’s Blog concerns HMRC planting seeds of doubt on the status of an event organised by a charity to raise funds; and having planted the seeds HMRC proceeded to reap a tax harvest by refusing a VAT claim and combining this with an assessment for underpaid tax...
by David Jones | May 18, 2023 | VAT
Today’s Blog concerns a football agent who received €4m for their part in an international transfer deal, zero-rated the transaction in their records, but then HMRC stepped in, demanding 20% VAT on the deal. VAT & Football Transfers: Background Sports Invest UK...
David Jones is the Senior Partner and Founder of Morgan Jones & Company. Born in Liverpool and an Accountancy graduate of the University of Wolverhampton, David spent twenty years working for the Customs & Excise in London then Shrewsbury before starting his own business. David's depth of knowledge of the UK tax system and his ability to communicate this learning has seen Morgan Jones & Company grow into Shropshire's most respected Accountancy Practice. Email David