Three schemes were launched on 1 July to deal with VAT on business-to-consumer supplies of goods and services to EU customers.
They are known as the 'Union', 'non-Union' and 'import' schemes.…
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Three schemes were launched on 1 July to deal with VAT on business-to-consumer supplies of goods and services to EU customers.
They are known as the 'Union', 'non-Union' and 'import' schemes.…
HMRC has updated the guidance on salary sacrifice.
HMRC has removed the guidance on 'Salary sacrifice arrangements set up before 6 April 2017' as the transitional arrangements for calculating…
HMRC has published a policy paper outlining the forthcoming changes to the penalties for late payment and interest harmonisation for taxpayers.
The government intends to reform sanctions for…
The Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs and tax rises.
Responding to the Autumn Budget, the IFS…
The UK government marked the inaugural Tax Administration and Maintenance (TAM) Day with the publication of 30 papers covering a wide range of tax issues.
Chancellor Rishi Sunak made the commitment…
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.
Mr Sunak said…
The Chancellor must act at the Spring Statement or risk the UK economy drifting backwards to low growth, warns the Confederation of British Industry (CBI).
The Spring Statement will take place…
Intervention by the Competition and Markets Authority (CMA) has freed more leaseholders from increasing ground rent terms that saw them trapped in homes they struggled to sell or mortgage.
Businesses…
The British Chambers of Commerce (BCC) has called for action to help firms employ more staff amidst recruitment difficulties.
A survey carried out by the business group revealed that 61%…
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