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In brief: 17 June 2021

15 June 2021
Issue: 4796 / Categories: News

Finance Act

The Finance Act 2021 received royal assent on 10 June.

Employer Bulletin

The June edition of HMRC’s Employer Bulletin is available.

VAT scheme reminder

The deadline for joining HMRC’s VAT deferral new payment scheme is 21 June 2021. Under the scheme businesses can pay their deferred VAT in equal instalments interest free. 

Promoters of tax avoidance

The Law Society has responded to HMRC’s consultation on measures to disrupt the business models relied on by promoters of tax avoidance. While supporting the proposals it says they must be well targeted to avoid an unfair effect on advisers.

VAT 

HMRC has updated Notice 723A: Refunds of UK VAT for non-UK businesses or EU VAT for UK businesses with information on the rules for claiming VAT. Updates have also been added in relation to refunds for EU businesses incurred on or...

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