HMRC has confirmed to the Association
of Taxation Technicians that a virtual Christmas party will fall within the
rules for the annual parties exemption (ITEPA 2003, s 264) in the...
Late elections to spread
outstanding disguised remuneration loan balances over three tax years will be
accepted up to 31 December 2020, says HMRC in statement of practice...
HMRC and the Advertising Standards Authority have joined together to disrupt the activity of promoters and protect people from misleading advertisements that may lead to tax...
HMRC has announced new fuel rates for company cars. They apply to all journeys on or after 1 December 2020, until further notice. For one month from the date of change, employers...
HMRC has confirmed that employers
that pay their employees earlier than usual over the Christmas period should
report their normal payment date on their full payment submission...
Applications are open for the third self-employment income support scheme (SEISS) grant. The rules on businesses eligible to claim have been tightened. As well as meeting the...
HMRC has updated the guidance
on the payment of VAT deferred due to the Covid-19 pandemic giving information
about a new payment scheme that will be available in 2021.Businesses...
1 January 2021Payment of corporation tax liabilities for accounting periods ended 31 March 2020 for small and medium-sized companies not liable to pay by instalments.7 January...
Tax receipts have been adversely affected by the Covid-19 pandemic with lower receipts collected across several taxes, according to recent statistics from HMRC.Figures of tax...
HMRC has published guidance to clarify the VAT treatment of school holiday clubs, depending on whether childcare is the predominant element of the services supplied. In RSR Sports...
HMRC has published a summary of responses from the call for evidence on raising standards in the market for tax advice. Among its initial plans is to improve awareness of its...
In line with its intention to
develop the digitalisation process, HMRC has launched a consultation on the
design of what the making tax digital (MTD) system should look like...