VAT Archives - JSR Chartered Accountants https://jsrcharteredaccountants.com/category/vat Chartered Accountants and business advisers. Portadown & Kilkeel Sat, 02 Feb 2019 16:54:23 +0000 en-GB hourly 1 https://wordpress.org/?v=5.8.9 Single Use Carrier Bag charge – VAT implications (Part 2 ) https://jsrcharteredaccountants.com/single-use-carrier-bag-charge-vat-implications-part-2 Fri, 26 Apr 2013 11:00:16 +0000 http://jsrcharteredaccountants.com/?p=970 What happens if a retailer charges the customer more than the minimum 5 pence for a single use carried bag?   If we look an example where a retailer charges 12 pence for a single use carrier bag. The full amount of the 12 pence is subject to VAT.  The “net sale” would amount to …

Continue reading "Single Use Carrier Bag charge – VAT implications (Part 2 )"

The post Single Use Carrier Bag charge – VAT implications (Part 2 ) appeared first on JSR Chartered Accountants.

]]> Single Use Carrier Bag Charge – VAT implications https://jsrcharteredaccountants.com/single-use-carrier-bag-charge-vat-implications Fri, 19 Apr 2013 11:14:17 +0000 http://jsrcharteredaccountants.com/?p=964 Vat implications of Northern Ireland’s Single Use Carrier Bags Levy   On Monday 8th April 2013 the Single Use Carrier Bag Levy came into force.   The VAT treatment of the Single Use Carrier Bag Levy in Northern Ireland differs from how it is currently treated in Wales.   Practical Implications for a VAT Registered …

Continue reading "Single Use Carrier Bag Charge – VAT implications"

The post Single Use Carrier Bag Charge – VAT implications appeared first on JSR Chartered Accountants.

]]> The Modern Accountant ???? https://jsrcharteredaccountants.com/the-modern-accountant Mon, 23 Apr 2012 14:56:39 +0000 http://jsrcharteredaccountants.com/?p=667 But Accountants DO NOT blog……   This may well be true, yet here we are, accountants, and we are trying our hand at blogging!!   It has become a general consensus that accountants are not known for trying out new ideas, and as for social media and blogging well, they simply ‘do not have the …

Continue reading "The Modern Accountant ????"

The post The Modern Accountant ???? appeared first on JSR Chartered Accountants.

]]> VAT Flat Rate Scheme – A Closer Look https://jsrcharteredaccountants.com/vat-flat-rate-scheme Fri, 09 Sep 2011 14:50:56 +0000 http://jsrcharteredaccountants.com/?p=623 Background: The Flat Rate Scheme for VAT is a scheme specifically designed by HMR&C to reduce the administrative burden on smaller VAT registered businesses.  The scheme is restricted to business whose turnover does not exceed a specified threshold.  The scheme also excludes businesses for a number of other reasons such as if the business has …

Continue reading "VAT Flat Rate Scheme – A Closer Look"

The post VAT Flat Rate Scheme – A Closer Look appeared first on JSR Chartered Accountants.

]]>