Is VAT registration needed, despite income being exempt?
Our UK-based raffle business exclusively makes VAT-exempt supplies. However, advertising is a major cost and we have incurred approximately...
HMRC has issued a discussion document on the changes proposed to the fees it charges from 2025-26 to businesses it supervises under the Money Laundering, Terrorist Financing and Transfer of Funds...
In the coming months, HMRC will be running a digital campaign to highlight problems with reporting private use adjustments in business expenses in income tax self-assessment (ITSA) returns, reports...
HMRC has launched an interactive tool on its making tax digital for income tax software options page, to help users choose the most suitable software.
The tool takes the user through a series of...