A business regularly hosts networking events at a hotel, charging £30 per delegate for light refreshments and the travel costs of a guest speaker. They don’t charge output tax as all events make a loss but input tax is claimed on the costs. Is this correct?  VAT expert John Craig explains in this article. There’s...

The rules of VAT are fairly simple. You can reclaim VAT you pay on goods or services you buy for your business and charge your customer VAT when you sell them. But how should you handle VAT where you buy or sell second-hand goods? VAT expert John Craig explains. You may have heard of VAT...

The Coronavirus crisis has identified that some employees are able to work from home in the long term, but what is the position on reclaiming VAT on remote working allowance for staff? VAT expert John Craig finds out with the following example. You have agreed to pay remote working employees up to £1,000 to pay...