HMRC has improved its guidance about information you must include on your sales invoices. What are the key issues to consider? With guidance from Partner Andrew Wayness. There has been no change in the legislation about the contents of a tax invoice since October 2007 but HMRC has clarified the information you must include. The...

Your business has some unpaid purchase invoices in the 90-day+ column of its aged creditors report. Input tax has been claimed on these invoices. Why does this lead to a problem and how could you avoid it in the future? Bob Johnstone from our Galashiels office investigates. If you pay and claim VAT based on...