Do you have your EORI number?
HMRC have stated they are auto-enrolling all possible VAT-registered businesses who trade with EU for a UK EORI number.
Read full articleInheritance Tax to be simplified
The Office of Tax Simplification (OTS) have undertaken a detailed review of Inheritance Tax (IHT), which is perceived by many as a complicated tax.
Read full articleOff-Payroll Working Rules Going Ahead
The draft Finance Bill clauses issued for consultation on 11 July include legislation to extend the “off-payroll” working rules to the private sector from 6 April 2020.
Read full articleCGT, Residential Property & the New 30 Day reporting rule - Plan ahead to avoid the penalties
From April 2020, UK residents disposing of residential property in the UK who have capital gains tax to pay must report the disposal and make a payment on account of the tax due within 30 days of completion. This is a major change to the timing for reporting and payment, and coincides with the proposed introduction of restrictions to private residence and letting relief.
Read full articleMaking Tax Digital: Reminder re Deferred Start Date Letter
Have you received a notice from HMRC that your MTD for VAT start date has been deferred?
Read full articleMTD - Update from HMRC re submissions for Quarter End 30/06/19
HMRC have released an update regarding MTD submissions for Quarter End 30.06.19.
Read full article