VAT Reverse charge starts March 2021

VAT Reverse charge starts March 2021

From 1 March 2021 the domestic VAT reverse charge must be used for most supplies of building and construction services. The charge will apply to both standard and reduced-rate VAT services: for individuals or businesses who are registered for VAT in the UK reported...
Record number of people miss UK self-assessment tax filing deadline

Record number of people miss UK self-assessment tax filing deadline

A record number of 1.8 million people have missed the deadline to submit their UK personal tax return, a figure that is almost double last year’s total and the highest in the system’s 24-year history. This just goes to show the devastating impact which 2020 and the...
IR35 – Important Changes From 6 April 2021

IR35 – Important Changes From 6 April 2021

What is IR35? IR35 is a tax anti-avoidance rule designed to combat “disguised employment” in situations where an individual contractor is providing their personal services (i.e. their labour) to an end-user via their own intermediary, such as a personal services...
Supreme Court Tells Insurance Companies To Pay Claims Over Covid

Supreme Court Tells Insurance Companies To Pay Claims Over Covid

Thousands of businesses are to receive payouts for losses from the covid-19 pandemic after the Supreme court has set out when insurance claims should be paid. The Supreme court has upheld the arguments that have been made by the financial regulator and dismissed those...
How to defer payment of the March, May & June 2020 VAT returns

How to defer payment of the March, May & June 2020 VAT returns

If you deferred VAT between 20 March and 30 June 2020 and still have payments to make, you can: pay the deferred VAT in full on or before 31 March 2021 opt in to the VAT deferral new payment scheme when it launches in 2021 contact HMRC if you need more help to pay...