VAT problems

Problems with VAT are common, either because a business does not have the right systems in place or because of a specific complication.

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ARTICLE

Common VAT problems

VAT is reasonably straightforward. But it is easy to make mistakes which can lead to stiff penalties. We outline the main pitfalls and problem areas.

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ARTICLE

A guide to tax penalties

Tax penalties can be incurred if you make careless errors, while deliberate tax evasion or fraud can be treated severely - so avoid penalties.

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TOOL

VAT payment deadline calculator

Online VAT returns and payments are due one month and seven days after the end of your VAT period. Use this Tool to find your VAT return due date.

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ARTICLE

Work out the correct rate of VAT

VAT-registered businesses charge VAT on sales of goods and services. Use this tool to find the correct VAT rate you must charge and pay to HMRC.