A D E P T

Category: VAT

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Charity VAT Explained: A Guide for Charities | Adept Accountax, Mitcham

VAT (Value Added Tax) can be a confusing area for charities. Many charities assume that because they are a not-for-profit organisation, they don’t need to deal with VAT. However, charities are subject to VAT rules in the same way as other organisations, although there are some important reliefs and special rules that may apply. At

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  • VAT
  • December 10, 2025

Key Tax Updates for December 2025 & Budget

Introduction As we approach the end of 2025, many individuals, families, and business owners are reviewing tax updates and and their financial position and preparing for the year ahead. The recent Autumn Budget announcement introduced several important changes that could impact your tax liabilities, payroll planning, business operations, and personal finances in 2026 and beyond.

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  • VAT
  • October 28, 2025

HMRC VAT Penalty Updates 2025: What Every Business Needs to Know

HMRC VAT Penalty Updates – April 2025 In April 2025, HMRC introduced key changes to VAT penalties and interest rates to ensure timely compliance and accurate reporting. These updates modify the VAT late submission and payment system that was first rolled out in January 2023. Businesses must stay aware of these changes to avoid unexpected

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