Making Tax Digital
HMRC are proceeding with their plans to digitise tax administration. We believe that they will further develop their systems so that, when a VAT return is submitted online, they will interrogate [...]
A summary of the situation
The current health situation 14 days of Statutory Sick Pay per employee to be met by the Government in full. Business properties with rateable value less than £51,000 will pay no Business Rates. [...]
Breaking down the budget
During the Great Depression, President Franklin D. Roosevelt stated in his Inauguration Speech in 1933, “the only thing you have to fear is fear itself”. Fear The official response to a [...]
VAT reverse charge for Building- and Construction services
From 1st October 2020 main Contractors will no longer pay VAT to Sub-Contractors working on projects under the CIS Scheme. Instead, the main Contractor will pay the VAT directly to H M [...]
VAT
This blog is based on points from the Chancellor’s 2017 Budget. The VAT registration threshold is £85,000 per annum and will be for the next two years. Once again, the Government is [...]