Category: Business

Is VAT charged in insurance?
business
Is VAT charged in insurance?

Insurance transactions are exempt from VAT. The term ‘insurance transaction’ for VAT purposes is not the same as the term ‘insurance contract’ for IPT pur...

What are CIS invoices?
business
What are CIS invoices?

If you’re a CIS subcontractor registered for VAT, you’ll need to add both CIS deductions and sales tax to your invoices. But this can get a bit confusing....