VAT · Business vehicles Can you reclaim VAT on a car? Lessons from a £477,508 tribunal win. A luxury vehicle hire business has won a dispute over £477,508.60 of VAT on a hypercar. For business owners, the useful lesson is about the purpose of a purchase and the evidence behind…

VAT update for hospitality and leisure businesses Temporary 5% VAT Rate for Children’s Meals and Family Attractions. HMRC has introduced a temporary reduced rate of VAT for selected family-focused meals, tickets and attractions during summer 2026. The rules are useful, but they are narrow. Quick answer. A temporary 5% VAT…

What is VAT disaggregation? Disaggregation (Artificial Separation) is when business owners seek to avoid charging VAT by splitting their business activity across two or more businesses to keep turnover in each business below the VAT threshold. There are lots of good reasons why you may split business activities, but HMRC…

Nearing the VAT threshold – things we think you should consider If your turnover is nearing the VAT threshold (currently £85,000 turnover), it’s a great sign that your business is growing. As a business owner, being VAT registered will mean that you have some additional considerations and responsibilities. We’ve detailed…