New VAT rules for e-commerce in the EU Cross-border VAT for e-commerce is being modernised in the EU with the aim of making the process simpler and to create a...
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HMRC have recently issued their second report as part of their Capital Gains Tax Review. This report considers key practical, technical and administrative Capital Gains Tax issues. This second report...
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HMRC recently issued a general Trusts and Estates update. The key points were as follows: Inheritance Tax Reporting The government have announced that later this year changes will be made...
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There are a large number of scam phone calls, emails and texts circulating at the moment with many appearing to originate from HMRC. These can often appear genuine when they...
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Businesses that deferred VAT payments between March and June 2020 under the VAT Payment Deferral Scheme have until 21 June 2021 to opt-in to the VAT Deferral New Payment Scheme...
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HMRC to contact self employed claimants for grant four SEISS applications The fourth Self Employment Income Support Scheme (SEISS) is shortly due to open for claim. HMRC has confirmed that...
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HMRC has confirmed that companies will have to pay a 5% penalty or interest if they do not pay in full or make an arrangement to pay deferred VAT by...
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On 3 March 2021, the government announced the introduction of grant support for non-essential retail, hospitality, accommodation, leisure, personal care and gym businesses in England. The Restart Grant is a...
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Sunak sets out Budget to protect businesses Yesterday, the Chancellor of the Exchequer, Rishi Sunak, delivered his second Budget statement and reaffirmed the government’s commitment to supporting individuals and businesses...
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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...
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