Specialist Tax Regulatory Materials
The ATT has reported that HMRC is contacting taxpayers who file annual VAT returns, to remind them that the pre-MTD online VAT return portal closes from 15 May 2023.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Self assessment 鈥� estimates and provisional figuresIf the taxpayer does not have sufficient information to enable them to complete the tax return in the time allowed, they should include either a best estimate or a provisional figure. The taxpayer should not either leave a box blank or enter
Exemption 鈥� insurance 鈥� overviewThis guidance note provides an overview of the VAT treatment of insurance products and should be read in conjunction with the Insurance 鈥� specific transactions and Exemption 鈥� insurance 鈥� brokers and agents guidance notes.Is insurance exempt from VAT?Supplies of
VAT registration 鈥� change of VAT registration detailsVAT registered persons must keep their VAT registration details up to date and notify HMRC of any changes. Failure to notify HMRC by the relevant time could result in a penalty. For guidance regarding penalties for failure to notify please see the
