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Legislation dayThe government has announced that it will publish draft clauses for the next Finance Bill for consultation on Tuesday 20 July.Business complianceHMRC has updated its...
Data reported to HMRC by third parties must be visible to taxpayers and their agents through the single customer account, and used to update tax codes and support the completion of...
The government agrees with some of the recommendations made by the House of Commons Public Accounts Committee in its report Environmental tax measures. In its latest minutes, the...
Overseas businesses that incurred VAT in the UK for the period 1 July 2019 to 30 June 2020 now have until 31 December 2021 to submit their application for a refund together with...
Businesses that sell low value goods in consignments not exceeding £135 into Northern Ireland and are registered for the VAT import one stop shop (IOSS) in the EU, must tell...
Businesses that sell goods from Northern Ireland to consumers in the EU and go above the distance selling threshold (£8,818 or €10,000) will need to pay VAT on these...
VAT HMRC has updated VAT Notice 700/46: Agricultural flat rate scheme, to include updates on leaving the scheme (sections 7.2 and 7.3).Distance sellingThe Finance Act 2021,...
Total tax receipts for April 2021 to May 2021 were £106.8bn, which is £45.4bn higher than in the same period for 2020, according to HMRC's latest statistics. However,...
New VAT rules on cross-border business-to-consumer (B2C) e-commerce activities apply from 1 July 2021. The rationale for these changes is to overcome the barriers to cross-border...
HMRC’s check employment status for tax (CEST) tool was used 1,018,250 times between 25 November 2019 and 31 May 2021, according to recently updated statistics. The figures...
By the end of March 2021, HMRC had carried out over 12,000 interventions relating to the coronavirus job retention scheme (CJRS), the self-employment income support scheme (SEISS)...
The First-tier Tribunal has updated its guidance on delivering pdf bundles for use in hearings in the Tax Chamber.The guidance advises that a party wishing to send a pdf file that...
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