Results
With particularly complex rules, getting the tax on employment benefits right for directors and employees can seem like a minefield. Recent research by The Global Payroll Association showed that...
As part of the Chancellor’s Autumn Statement, a number of measures were announced aimed at supporting growth, one of which was the announcement that “full expensing” will be made permanent. But what...
HMRC have started sending out letters regarding deferred VAT which has not been paid and where action has not been taken. If you deferred VAT payments between March and June 2020, this deferred...
VAT Deferral Payment Scheme If you deferred your VAT payments due between 20 March 2020 and 30 June 2020 you can pay now or join the VAT deferral new payment scheme. You have the following options:...
After several delays HMRC have now confirmed that the CIS VAT reverse charge will come into force on 1st March 2021, nearly 18 months after its original start date. This new legislation effects VAT...
The deal which was struck between the United Kingdom and the European Union just prior to the end of 2020 has made a few changes to the release we sent out in December. We have set this out in a...
Furlough Scheme It was announced yesterday, that HMRC have extended the Coronavirus Job Retention Scheme for one further month until 30 April 2021. They have confirmed that the eligibility criteria...
The Chancellor has announced that he has cancelled his November budget and replaced it with a winter economy plan. Rishi Sunak announced a raft of new measures yesterday which he hopes will both...