Ejected Farmers Could Be Entitled To Compensation

Ejected Farmers Could Be Entitled To Compensation

Farmers who HMRC have ejected from the Agricultural Flat-Rate Scheme (AFRS) may be entitled to a repayment or compensation. An opinion from the advocate general to the European Court of Justice has led to the belief that many who feel they have been unfairly removed...
HMRC Not So Merry With Wedding Venues

HMRC Not So Merry With Wedding Venues

Farmers hiring out land and buildings for wedding ceremonies may have to pay back thousands in back tax following a failed VAT appeal earlier this year. Blue Chip Hotels failed in their appeal to overturn more than £50,000 in VAT. The company argued that, as it didn’t...
VAT Payable On Full Cost Of Temps

VAT Payable On Full Cost Of Temps

Farms and rural businesses who hire temporary staff through an agency must continue to pay VAT on the wages of those workers, and not just on any commission that is due. A tribunal has ruled that VAT at the standard rate is due on all amounts charged to a client for...
Accounting For VAT On Contras

Accounting For VAT On Contras

Transactions paid by contra can be confusing, but it is important that you treat them correctly in your records, particularly as you need to ensure you treat the VAT element correctly. Some common errors are listed below: Whenever you sell at auction – be it...
Happy Holidays From Green & Co

Happy Holidays From Green & Co

As we take our Christmas break at the end of another productive year, we would like to take this opportunity to thank you, our loyal blog readers! Whether you are already a client, a prospective client, or just like to read our informative articles each week, it is...
Farmers Targeted In Latest VAT Scam

Farmers Targeted In Latest VAT Scam

Welsh farmers are being warned to be extra vigilant and not to respond to communications supposedly coming from “UK Data Control” asking for details of missing VAT numbers and other business details. The letters look official enough, but by signing and returning the...