VAT

Selling homemade food in the UK is subject to regulatory oversight, just like opening a restaurant. You must obtain the necessary certifications, fulfil your tax obligations, and may even be eligible for tax relief.

In the recent Autumn Budget, the government officially announced a comprehensive reform of the tax policy for private schools.

Today, we’re going to delve into a common misconception that many people have when it comes to VAT registration and thresholds.

Luxury foods in the UK are usually subject to the standard rate of VAT at 20%.  So, what foods are considered luxury items?

HMRC recently launched a tax evasion crackdown on takeaway shops which were alleged to have altered their sales figures!

Investing in property in the UK is seen by many as lucrative, whether you are buying residential or commercial property.

50 KFC stores in the UK entered a dispute with HMRC over incorrect VAT payments, leading to a court case which ruled in HMRC's favour.

Did you know that opening a supermarket can indeed yield unexpected tax benefits?

The EU announced that starting from 2025, users of third-party short-term rental platforms need to pay VAT on rental income received.

Before consumers search for food, they may cough, spit, not wash their hands properly after going to the bathroom, pick their noses…

Chinese food is highly popular in the UK, especially in the realm of takeout, where it has become the preferred choice for many Britons.

If you’re living and working in the UK, or you sell online to UK-based customers, HMRC may request an audit of your finances.

A restaurant owner in Knaresborough was recently fined for committing tax evasion for more than 3 years, with unpaid VAT of over £51,700.

From a macroeconomic perspective, British business has suffered significantly, particularly after Brexit and the coronavirus pandemic.