VAT treatment of overage payments in the property sector
HMRC guidance in relation to the VAT treatment of overage payments may affect your property sale.
Why your EBITDA is about to change in 2026
With the amended FRS 102 accounting standard effective from 1 January 2026, many companies will see a noticeable shift in EBITDA.
Understanding the first-year audit process
How we guide businesses through their first audit by managing their risks and supporting their goals.
Rolling the dice on VAT: why in-game currency isn’t legal tender
If in-game currency is bought with real money, then resold for real money, is VAT due on those sales? A 2025 case addressed this.
Major changes for cross-border VAT groups
Businesses with cross-border VAT groups should review their structures urgently, so the group (or part of it) is not at risk of disassembly.
Hotel La Tour: a key decision on fundraising-related input VAT
For property and hospitality businesses, the Supreme Court decision in Hotel La Tour raises understanding of fundraising-related input VAT.
The Moment – December 2025
At BKL, we know that life is built on moments: decisions, opportunities, changes that...
Airline Placement v HMRC: VAT and training for pilots
The First Tier Tribunal’s (FTT’s) judgement in Airline Placement Limited v HMRC [2025] UKFTT 894 (TC) comprised several decisions which make the case interesting from a procedural VAT point of view.
Autumn Budget 2025: changes for businesses and investors
Several changes in Autumn Budget 2025 will have major implications for business owners looking...
Focusing on employee experiences in 2026
For organisations and leaders who are keen to improve their employees’ experiences in 2026,...
New Year, New Accounting: your practical roadmap for new FRS 102
Major changes to compliance for UK businesses are almost here. With the amended FRS...
HMRC to review long-standing Partial Exemption Special Methods: what businesses need to know
In November 2025, HMRC revealed that VAT partial exemption special methods (PESMs) that are ten years or older will be subject to review.