VAT Matters, Issue 10

Missing Trader Intra Community (MTIC) Fraud

It is a worrying trend that more businesses are unwittingly finding themselves embroiled in this type of fraud. Recent tribunal cases have highlighted that HMRC are winning more cases against legitimate businesses that in their view have not undertaken the necessary due diligence in relation to their supply chains. This can have severe financial repercussions on a business. You need to be aware of the impact and how you can mitigate the risk by taking some simple steps to protect your business.

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2018 Christmas present appeal

2018 Christmas Present Appeal

Duncan & Toplis launch 2018 Christmas present appeal

Accountants and business advisers Duncan & Toplis are appealing for members of the community to support them in collecting Christmas presents for vulnerable and disadvantaged children in the community.

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Duncan & Toplis team shot

A Reflection of 2018

What a year 2018 has been! Our team members and clients have enjoyed a hugely successful year… and there’s still a month to go!

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Mark Taylor, tax director at Duncan & Toplis

Preparing for Brexit

With Brexit still being far from predictable, UK businesses find themselves in an unenviable position. Do they prepare for years of disruption, import tariffs, conflicting standards and miles of red tape, or will the conclusion of the Brexit process lead to a simple, clear and frictionless trading environment that opens up new opportunities?

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Property and construction sector

VAT on Property Search Fees

From planning to building control, local authority searches are often carried out by solicitors for their clients. In 2017, HMRC phased in a requirement for local authorities to charge VAT on property searches.

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