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.
The Government has announced that charities that are due to submit an annual return “imminently” but are suffering from coronavirus-related disruption should request a filing extension.
Chancellor Rishi Sunak either scrapped or froze several taxes affecting consumers in his Budget delivered on 11 March, including the reading and tampon taxes.
Cloud accounting software is revolutionising business through the use of real-time accounting information, streamlined efficiency and the ability to have remote access to all of the information you need.
Almost two-thirds of builders believe that cutting VAT could boost their business, urging the Government to reform VAT ahead of the Chancellor’s first Budget tomorrow, Wednesday 11 March.
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.