You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
The government will implement an EU Directive on the VAT treatment of vouchers to ensure that the correct amount of VAT is charged on what the customer pays, irrespective of whether payment is with a voucher or other means of payment.
This measure introduces legislation providing for the VAT treatment of vouchers issued on or after 1 January 2019. It affects only vouchers for which a payment has been made and which will be used to buy something. The measure does not apply to vouchers issued before 1 January 2019, for which existing rules will continue to apply.
We'll send you essential business news and handy tax tips to help save you money.
Established for over 50 years, we are an experienced firm of Chartered Accountants.
We have a range of accountancy and support services to help you to manage your business.