VAT Toolkits

If you are responsible for preparing and/or submitting VAT returns on behalf of a business, HMRC have recently updated their VAT ‘toolkits’, which are designed to provide guidance on how to avoid making the common errors that they see in filed returns.

They aim to highlight the areas of potential risk, using real errors that have been identified by compliance staff in returns filed by real customers, and therefore include sections on areas such as motor expenses and business entertainment.

There are currently three toolkits available, as follows:

VAT Input Tax Toolkit

VAT Output Tax Toolkit

VAT Partial Exemption Toolkit