UK HMRC provides guidance on how VAT claims are calculated and applied to insolvent businesses, including details on relevant dates, amended claims, and penalty interest. The handbook outlines procedures for proof of debt, statutory interest, and the impact of recent changes such as the cessation of tax clearance in MVL cases from 6 December 2023.
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Saffery · 3 days ago
The UK’s HMRC announced several VAT developments in July 2026, including changes to the Capital Goods Scheme, digitisation of option to tax, a consultation on development land for social housing, and the adoption of Peppol for e-invoicing. From 29 July 2026, the CGS threshold for land, buildings and civil engineering works rises to £600,000 and computers are removed from the scheme, while a new online portal for option to tax will launch before year end.
HM Revenue & Customs · 3 days ago
The UK government brief clarifies that supplies of GMC registered locum doctors are exempt from VAT under Item 5, Group 7, Schedule 9 of the VAT Act 1994. It also provides guidance on claiming refunds for overdeclared output tax on supplies made within the last four years, and outlines the error correction notification process.
iCustoms · 4 days ago
The UK and EU customs clearance for animal products requires both SPS health checks and customs declarations to be reconciled. This guide explains the dual-track process, key notification steps, and a pre-clearance checklist to avoid delays.
AVASK · 5 days ago
The UK requires VAT registration once taxable turnover exceeds £90,000 in any rolling 12-month period. This guide explains the threshold, registration deadlines, and penalties.
UK Government · 7 days ago
United Kingdom: The new VAT provisions for drink Deposit Return Schemes will change how VAT is accounted for deposits, shifting liability to scheme administrators. The changes will take effect when the schemes commence in Autumn 2027, following the Finance Bill 2026-27 and associated regulations.
1stopVAT · 10 days ago
UK: HMRC is consulting on expanding deemed supplier rules for online marketplaces to include UK-based vendors, aiming to curb VAT fraud. The consultation will run until 18 August 2026, and stakeholders are invited to submit views.
Key Takeaways
From 6 December 2023, HMRC no longer provides tax clearance in members’ voluntary liquidation cases.
In a members’ voluntary liquidation, an insolvency practitioner must wait 12 weeks from the date all returns have been submitted before requesting a proof of debt.
Penalty interest may be charged for late payment of Landfill Tax, Climate Change Levy and Aggregates Levy returns.
The claim will include VAT up to the day before the relevant date, which is the date that establishes the claim in the insolvency.
Primary source
Read the full article at UK HMRCThis summary was published on VATfaqs.com on 20 July 2026. It relates to VAT developments in United Kingdom. The original source is UK HMRC.
