Starting 1 May 2024, businesses will need to adjust their VAT accounting for road fuel with
National Insurance relief when hiring veterans
Under a new scheme, businesses hiring military veterans can save thousands of pounds in employer National
Hospitality sector: Changes to VAT rates from 1 April 2022
Many in the hospitality sector were hoping that the Chancellor would extend the 12.5% reduced rate
Importers not using the VAT Flat Rate Scheme
HMRC have also updated their guidance for VAT registered importers not using the Flat Rate Scheme:
Changes to Accounting for VAT on Imports for Users of Flat Rate Scheme
There are important changes from 1 June 2022 for small businesses using the Flat Rate Scheme
HMRC publishes guidance on new penalty regime for late returns
In a statement published on 13 January the Government announced that the introduction of the new
Notify Option to Tax Land and Buildings within 30 days of decision
HMRC guidance on re-importing and re-exporting
HMRC has released guidance about some of the approvals and special procedures that help simplify customs
Are you trading with the EU?
If your business moves goods between the UK and countries in the EU, you will need
Making Tax Digital (MTD) for VAT – end of “soft landing”
MTD for VAT currently applies to VAT registered businesses with taxable turnover in excess of £85,000,