VQOTW: Covid 19 small business grants

For those who may not have seen the details on the support available, information is available via the following link: https://www.gov.uk/government/publications/coronavirus-covid-19-business-support-grant-funding-guidance-for-businesses HMRC have not spelt out the VAT implications in any of their announcements. However, the basic principles of supply and consideration can be expected to apply. VAT is a tax on supplies for consideration, … Continue reading VQOTW: Covid 19 small business grants