MTD for VAT – April 2022

HMRC are in the process of making MTD (Making Tax Digital)  mandatory for all VAT…

Trivial Benefits for employees and directors

A Trivial Benefit continues to be very popular and is frequently given by employers to…

HMRC extend Filing Deadline for 20/21 Tax Returns to February 2022

HMRC have announced an extension to the January 31st filing deadline for personal tax returns.…

Budget 2021 – October 21

On 27/10/21, Rishi Sunak delivered his third Budget in conjunction with the Public Spending Review.…

Travel and Subsistence Benchmark Rates

Subsistence is the tax term for food and drink. This is allowed as an expense…

MTD for Income Tax

What is Making Tax Digital (MTD)? Making Tax Digital (MTD) is a new and more…

Budget 2021 – March 21

In the Chancellor’s second real Budget on 03/03/21 he announced that he had to level…

IR35 for the private sector – effective April 2021

Off-payroll working rules (IR35) This is being introduced to counter the avoidance of Tax and…

CIS VAT Domestic Reverse Charge – effective 01/03/21

VAT reverse charge for construction and building services This reverse charge measure is coming in…

Brexit Update – Nov 2020

Due to Brexit, there will be new rules for trade, travel and living in the…