From 8 April 2021, HMRC will no longer be able to accept XML VAT submissions from third party software. If you are still using this method (i.e. filing through QBO/Xero...
If you are accounting for import VAT under the new Postponed VAT Accounting rules you will need to download your postponed import VAT statement. Be aware that you will only...
If you deferred your VAT payments due between 20th March and 30th June 2020 and still have outstanding payments to make, you can join the new VAT deferral payment scheme...
HMRC have announced that Self Assessment customers will not be charged the initial 5% late payment penalty if they pay their tax or make a Time to Pay arrangement by...
The Domestic Reverse Charge VAT scheme for those in the Construction Industry Scheme comes into effect on 1st March 2021. Be aware that the changes could affect your cashflow and...