The return of two Corporation Tax rates May 25, 2022In March 2021 it was announced that from 1 April 2023 the rate of corporation tax would increase to 25%,... Read More
Working from home allowance – current position May 20, 2022The working from home allowance has been around for 20 years but it was “relaxed” during covid meaning more people... Read More
TAX PLANNING WITH SHARES AND SPOUSES – AVOID THE TRAPS! August 26, 2021Many “one-man” companies, and indeed many “close” companies within the OMB/SME sector, utilise their directors’ tax free allowances by paying... Read More
Reasonable Excuse – Recent Development October 22, 2020The recent case of Belloul v HMRC provides an interesting view on the concept of the definition of “reasonable excuse”... Read More
MTD for ALL VAT registered businesses July 27, 2020On 21 July 2020 HMRC updated previously published guidance on MTD to confirm that from 1 April 2022 ALL businesses... Read More
COVID-19 Statutory Self-Employment Pay Scheme March 30, 2020On 26 March 2020, the Chancellor announced the following new measures to help self-employed businesses through the current Coronavirus pandemic.... Read More
Coronavirus update – Deferment of July 2020 Payment on Account March 27, 2020HM Treasury have recently released an update on the option for a taxpayer to defer their second Self-Assessment Payment on... Read More
Coronavirus: UK VAT Deferral March 24, 2020Last week the Chancellor of the Exchequer announced that there will be a deferral of VAT due to be paid... Read More
Late registering for VAT? March 18, 2020The date at which a business is required to be registered from is a matter of legal fact which is... Read More
The effects of Brexit on VAT January 29, 202011pm on 31 January 2020 will see the UK officially leave the EU and no long be an EU Member... Read More
Why am I being asked by HMRC to provide a security payment for my VAT? November 22, 2019If HMRC think that you may not comply with your VAT obligations based on your compliance history in either your... Read More
Brexit is coming, are your clients ready? October 8, 2019As we all know the time frame for leaving the EU remains 31 October 2019, only a few weeks away... Read More
HMRC Challenges Private Sector Personal Service Companies (PSC) September 27, 2019By now you may have already heard that HM Revenue & Customs has written to around 1,500 PSC’s providing services... Read More
How have HMRC Enquiries Changed? November 1, 2017HMRC enquiries in the past Many years ago, HM Revenue & Customs (HMRC) started HMRC enquiries by agreeing a date... Read More
Error in Tax Return Software Force Paper Filing October 25, 2017This article has been provided by Alan McCann (DTE) Head of Tax Dispute Resolution HMRC’s own database software contains errors... Read More
HMRC on the Prowl September 18, 2017Affluent Team by Charles Little Director at Keens Shay Keens Ltd With the conclusion of the 2015/16 tax filing season... Read More
