Upcoming VAT deadlines and what businesses should be doing to prepare for them
Businesses must remain cautious in their tax affairs, especially with the looming deadlines for various tax obligations and HMRC’s intensified focus on VAT compliance.
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VAT deadlines and what businesses should be doing to prepare for them
Businesses must remain compliant with the requirements for reporting and paying VAT, especially with the regular quarterly for VAT under Making Tax Digital.
HMRC reminds restaurants and takeaways of VAT obligations on hot food
HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance of correctly applying VAT on…
How HMRC’s new online tools can help you simplify taxation
HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more straightforward for businesses and individuals.
Beneficiaries could see inherited pensions taxed as new proposals by HMRC are published
Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax…
HM Revenue & Customs pledge £5.5 million to support customers
HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the voluntary and community sectors to…