As part of the government’s business support initiative in response to the coronavirus crisis businesses were allowed to defer their VAT payments due between 20 March to
30 June 2020 until March 2021 without HMRC charging interest or penalties.
You’ll probably have seen the rumours in the press that the UK government is considering whether to follow Germany’s lead with covid-19 recovery VAT cuts. Here we take a look at what that could mean for businesses in the UK.
Many businesses are going to struggle through the coming months with significant restrictions being placed on people’s movements in the UK. The Government has taken action by putting in place various grants and loans to assist companies through the current crisis as well as deferring the next quarter of VAT payments. That got us thinking […]
Read about Bedrock’s arrangements to carry on working during the Covid-19 outbreak.
There was a tax ‘give-away’ in last week’s Budget announcement with supplies of e-books, digital magazines, e-newspapers and academic e-journals to be zero-rated from 1 December 2020 in the same way as printed material.
In his first Budget the Chancellor Rishi Sunak has made some changes to Capital Gains Tax Entrepreneurs’ Relief with a reduction in the lifetime limit.
HMRC has published new guidance to people identify schemes that wrongly claim to increase their take-home pay if they’re a contractor or agency worker.
HMRC are seeking views on draft revisions to their Charter which sets out the standard of behaviour and values that HMRC aspires to when interacting with customers.
HMRC has updated its fact sheet on the Alternative Dispute Resolution (ADR) service for customers who need extra support, this has prompted us to take another look at what the service offers.
HMRC has announced change to the off-payroll working rules which come into effect this April.