HMRC’s notice 700 has been updated to remind taxpayers that they “must keep digital records and submit returns using software that works with Making Tax Digital for VAT”.
The HMRC guidance is arranged under the following headings:
1. Overview
2. Administration of VAT
3. Introduction and liability to VAT
4. The basic rules for VAT
5. VAT imports and exports. Movement of goods between Northern Ireland and EU, and Great Britain and Northern Ireland
6. Registering for VAT
7. Introduction to output tax
8. Output tax for particular situations
9. Output tax for business and non-business use
10. Introduction to input tax
11. Input tax when VAT paid on goods and services received before VAT registration
12. Input tax effect on subsistence, staff entertainment and domestic accommodation expenses
13. Input tax and partial exemption
14. Time of supply (tax point) rules
15. Time of supply (tax point) in other situations
16. VAT invoices
17. VAT invoices for particular situations
18. Credits and debts
19. Records and accounts
20. VAT Returns
21. Sending VAT Returns and payment
22. Supplies made by or through agents
23. Invoicing arrangement for supplies made by or through agents
24. UK, EU and international supplies involving UK undisclosed agents
25. Supplies made by or through agents: other situations
26. Changes in circumstances
27. Financial penalties and interest charges
28. If you disagree with HMRC’s decision about VAT
29. Zero rating, reduced rating and exemption
30. Changes in tax rates and liability
31. Apportionment of output tax
32. Apportionment of tax between business and non-business activities
33. Standard legal abbreviations
34. Other VAT notices
Your rights and obligations
Help us improve this notice
Putting things right
How HMRC uses your information
https://www.gov.uk/guidance/vat-guide-notice-700
Related content from Claritax Books
Value Added Tax, written by Ciaran McGee MA (Oxon), FCA, CTA, is an extensive volume (over 1,000 pages), written primarily for non-VAT specialist accountants and tax advisers.
