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  • Domestic VAT reverse charge comes into effect on 1 March

    • 22nd February 2021
    • Posted by: Suzy Hill
    • Category: Business News, VAT
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    Domestic VAT reverse charge comes into effect on 1 March
    22nd February 2021 Posted by: Suzy Hill Category: Business News, VAT No Comments Domestic VAT reverse charge comes into effect on 1 March The twice-delayed introduction of the domestic VAT reverse charge for construction services will come into effect on 1 March 2021. The change was originally scheduled to come into effect from 1 October
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  • HMRC temporarily waives late payment penalties

    • 19th February 2021
    • Posted by: Suzy Hill
    • Category: Personal Tax, Business News
    No Comments
    HMRC temporarily waives late payment penalties
    19th February 2021 Posted by: Suzy Hill Category: Personal Tax, Business News No Comments HMRC temporarily waives late payment penalties Self assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April, HMRC has announced The payment deadline for self assessment
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  • Chancellor urged to outline economic recovery plans in upcoming Budget

    • 18th February 2021
    • Posted by: Suzy Hill
    • Category: Business News
    No Comments
    Chancellor urged to outline economic recovery plans in upcoming Budget
    18th February 2021 Posted by: Suzy Hill Category: Business News No Comments Chancellor urged to outline economic recovery plans in upcoming Budget The Institute for Fiscal Studies (IFS) has urged Chancellor Rishi Sunak to use the upcoming Budget to set out plans for an economic recovery from the coronavirus (COVID-19) pandemic. The IFS expects the
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  • HMRC clarifies off-payroll working compliance rules

    • 18th February 2021
    • Posted by: Suzy Hill
    • Category: Business News
    No Comments
    HMRC clarifies off-payroll working compliance rules
    18th February 2021 Posted by: Suzy Hill Category: Business News No Comments HMRC clarifies off-payroll working compliance rules HMRC has published a briefing on its approach to the changes to off-payroll working rules, commonly known as IR35, which will be introduced on 6 April 2021. Reiterating its advice from last year, HMRC has confirmed that
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  • Covid VAT deferral payment guidance updated

    • 11th February 2021
    • Posted by: Suzy Hill
    • Category: Personal Tax, Business News
    No Comments
    Covid VAT deferral payment guidance updated
    11th February 2021 Posted by: Suzy Hill Category: Personal Tax, Business News No Comments Covid VAT deferral payment guidance updated HMRC has updated guidance on how to register for the online service to pay VAT payments deferred between 20 March and 30 June 2020 due to the covid-19 pandemic For those companies that still have
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  • Almost a third of house sales fall through as stamp duty deadline nears

    • 9th February 2021
    • Posted by: Suzy Hill
    • Category: Personal Tax, Business News
    No Comments
    Almost a third of house sales fall through as stamp duty deadline nears
    9th February 2021 Posted by: Suzy Hill Category: Personal Tax, Business News No Comments Almost a third of house sales fall through as stamp duty deadline nears Almost a third of house sales fell through in January as the end of the stamp duty holiday drew closer, according to a report from Rightmove. The report
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