Capital allowances decision tool and calculator: HMRC has published an interactive tool to help companies check if they can claim the super-deduction or the special rate first-year allowances for qualifying expenditure on plant and machinery.
Capital Gains Tax on UK property account – agent authorisation for digitally excluded customers: HMRC has introduced a new process to allow agents to report and pay using the CGT UK property disposal online service on behalf of clients who are digitally excluded.
Making Tax Digital for VAT:
There is a change in the way businesses report errors in their VAT return. The new online ‘G-form will be the default option on GOV.UK.
A reminder – from Tuesday 1 November 2022, businesses which file their VAT returns monthly or quarterly will no longer be able to use their existing VAT online account to do so.
HMRC app – new employment details: the HMRC app has been updated to include new and improved employment details such as income and employment history (going back five years), National Insurance number and tax codes.
Freeports update: as of 6 September 2022, three of the eight freeports in England have a designated customs site with work underway to support the remaining freeports to designate a customs site over the coming months
Plastic Packaging Tax (PPT): a reminder for businesses subject to PPT to register and submit a PPT return from 1 October 2022 and to pay any tax due by 31 October 2022.
Capital allowances decision tool and calculator: HMRC has published an interactive tool to help companies check if they can claim the super-deduction or the special rate first-year allowances for qualifying expenditure on plant and machinery.
Capital Gains Tax on UK property account – agent authorisation for digitally excluded customers: HMRC has introduced a new process to allow agents to report and pay using the CGT UK property disposal online service on behalf of clients who are digitally excluded.
Making Tax Digital for VAT:
There is a change in the way businesses report errors in their VAT return. The new online ‘G-form will be the default option on GOV.UK.
A reminder – from Tuesday 1 November 2022, businesses which file their VAT returns monthly or quarterly will no longer be able to use their existing VAT online account to do so.
HMRC app – new employment details: the HMRC app has been updated to include new and improved employment details such as income and employment history (going back five years), National Insurance number and tax codes.
Freeports update: as of 6 September 2022, three of the eight freeports in England have a designated customs site with work underway to support the remaining freeports to designate a customs site over the coming months
Plastic Packaging Tax (PPT): a reminder for businesses subject to PPT to register and submit a PPT return from 1 October 2022 and to pay any tax due by 31 October 2022.
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