New VAT penalty regime – What do you need to know?
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.
The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun.
Starting a new business can be a daunting and challenging prospect.
With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem.