The Self Assessment payment on account deferral scheme will apply to all taxpayers, not just the self-employed, it has been revealed.
Following the Government’s announcement that businesses will be able to defer VAT payments for the period from April – June, HM Revenue & Customs (HMRC) has now confirmed that businesses should cancel direct debits for VAT if they want to
The Government has announced that the IR35 tax reforms which were due to be implemented in April 2020 have been delayed for a year because of the ongoing coronavirus outbreak.
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There are several VAT advantages when buying or leasing a vehicle for business use, but the buyer must be able to prove that it is not available at all for private use, including travel between home and work, unless it
The Government will operate a “light-touch approach” to penalties as new off-payroll working rules come into force.
Television and radio presenter Eamonn Holmes has lost an IR35 tax tribunal case and could now face a tax bill of £250,000.
Presumably, to inject a note of levity into the tax return season, HM Revenue & Customs (HMRC) has published the best excuses for not getting a tax return in on time it has received over the past decade.
Thousands of businesses were unable to file their VAT returns in early January because HM Revenue & Customs’ (HMRC) flagship Making Tax Digital (MTD) service crashed three times in three days.
Recent research has found that four in 10 firms are considering reviewing their strategy around contractors because of new off-payroll rules that aim to combat tax avoidance by workers supplying services to clients via an ‘intermediary’.