Import One Stop Shop (IOSS): Simplify Declaring & Paying Import VAT
This week we’re answering questions about the Import One Stop Shop (IOSS), an e-commerce system recently introduced by the EU to simplify the payment of VAT.
Recent Tax Changes for UK Property Investors – Spring 2021
A number of tax changes for UK property investors have added to compliance requirements for property owners and increased tax bills.
Filing Deadlines July 2021: Key Dates for the UK Tax Year
July 2021: In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates for the UK tax year.
Tapered Annual Allowance: Threshold & Adjusted Income
Tapering will restrict pensions tax relief by introducing a reduction in the amount of the annual allowance for individuals with an adjusted income.
P11D – Impact on Covid-19 on Benefits in Kind
As the pandemic has changed the way that many of us work, there is an impact on the benefits and staff support that employers provide.
VAT on Food in the UK: Standard & Zero-Rated VAT Items
Are you a VAT registered business looking to figure how VAT is applicable on your food items? Click through to find out more about the applicable rates.
SEISS 5th Grant: When and How Can I Claim the 5th Self-employed Grant?
SEISS 5th Grant covering May 2021 to September 2021 will be open to claims from late July 2021. Learn how to claim it!
New National Insurance Rules for Company Directors
HMRC have issued new national insurance rules for company directors in their recently published 2021/22 edition of booklet CA44. Click through to learn more.
130% Super-deduction Capital Allowance on Leased Assets
For expenditure incurred from 1 April 2021 until the end of March 2023, companies can claim 130% capital allowances on qualifying plant and machinery investments.
What is an Umbrella Company & How Does It Work?
Umbrella company is one of the most popular options being offered to individuals whose contracts using their PSCs have been deemed to be inside IR35 regulations.
Tax on Cryptoassets: How Are Cryptocurrencies Taxed in the UK?
Tax on cryptoassets is a frequently asked question these days due to the massive surge in popularity of Βitcoin. Find out how HMRC taxes cryptoassets.
SEISS 4th Grant: When and How Can I Claim the 4th Self-employed Grant?
How to claim 4th self-employed grant – next SEISS payment explained, and when you can apply with HMRC.
Recovery Loan Scheme: How to Apply for a Business Recovery Loan
Recovery Loan Scheme opened for applications on 6 April 2021 and is available to businesses affected by the pandemic. Find out how to apply.
New Penalty Rates for VAT Returns from April 2022
New penalty rates for VAT returns will come into effect for VAT return periods beginning on or after 1 April 2022. Click through to learn all about them.
£20 million SME Brexit Support Fund Opens for Applications
The £20m SME Brexit Support Fund enables traders to access practical support, including training for new customs, rules of origin and VAT processes.