Advance Valuation Ruling Service (AVRS) – How to Apply
The Advance Valuation Ruling service was launched by HMRC on 27 April 2023 to give importers legal certainty that their chosen customs valuation method is correct.
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.
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.
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.
Homeworking expenses claim
Q. I’m now working from home since the outbreak of coronavirus (COVID 19), Can I submit a homeworking expenses claim? A. In short, the answer is yes but there are conditions that need to be met. I […]