The tax return filing deadline for 2019/20 has now passed. However, where taxpayers have struggled to pay any tax they owed by the 31 January deadline, it is still possible to set up an instalment plan – or “time-to-pay” –… Read more
As a result of the Covid-19 crisis, many businesses are currently experiencing reduced turnover. In many cases, the business is VAT-registered, and some owners are asking whether they can now deregister. What are the rules here, and is it always… Read more
Covid-19 – business support Unsurprisingly, Christmas 2020 was dampened by the ongoing Covid-19 measures. The Prime Minister revised his plans to permit “Christmas bubbles” to be formed for up to five days between multiple households. In the end, such bubbles… Read more
Q. I want to pay for my employees to be screened regularly for COVID-19. Is this a taxable benefit or is it exempt? A: When the initial guidance for employers was published back in July 2020, HMRC stated that an employer… Read more
Following the UK’s exit from the European Union, VAT registration details of UK companies will no longer be maintained on the VAT Information Exchange System (VIES). Being able to check the validity of a new supplier’s VAT number is an… Read more
