News & views

Moore Stephens attends Ellen MacArthur Annual Charity Gala Dinner

Moore Stephens South were delighted to attend Dame Ellen MacArthur’s Annual Gala Charity Dinner at the BT Tower last Thursday 28th March. 

In attendance from Moore Stephens South were Sue Lucas, Andrew Coldwell, Ann Mathias, Esme Shakeshaft, Kevin Cooper and Vicky Drayton. 

They were accompanied by their special guests for the evening, Richard and Lucy Moore of Moore Stephens International and Nicholas and Joanna Hilton of Moore Stephens UK.

VAT chargeable on all non-refundable deposits

HMRC has confirmed a new policy that VAT will remain due on a deposit, even if the customer does not use the goods or services for which it was paid – this comes into effect from March 1 2019. This change will affect the hospitality industry significantly (but it will also apply to other businesses), which will soon be unable to recover VAT charged on cancelations or ‘no show’ charges.
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