Making Tax Digital for VAT: from 1 November 2022, businesses will no longer be able to use their existing VAT online account to file their quarterly or monthly VAT returns and will instead need to keep VAT records and file returns using MTD software. Businesses which file annual returns will still be able to use the VAT online account until 15 May 2023. HMRC will contact businesses which still need to sign up for MTD for VAT before November.
Repayment agents consultation: a reminder of HMRC’s consultation on measures intended to protect individuals who use repayment agents to claim a tax refund.
Self-assessment reminder for property rented out during the Commonwealth Games: HMRC reminds individuals who rented out property during the Birmingham Commonwealth Games to notify that income via self-assessment. HMRC notes that many people will have rented out property for the first time, and may have done so via online platforms.
Marketed tax avoidance: HMRC has published details of new named tax avoidance schemes to help the public spot and steer clear of tax avoidance schemes.
Making Tax Digital for VAT: from 1 November 2022, businesses will no longer be able to use their existing VAT online account to file their quarterly or monthly VAT returns and will instead need to keep VAT records and file returns using MTD software. Businesses which file annual returns will still be able to use the VAT online account until 15 May 2023. HMRC will contact businesses which still need to sign up for MTD for VAT before November.
Repayment agents consultation: a reminder of HMRC’s consultation on measures intended to protect individuals who use repayment agents to claim a tax refund.
Self-assessment reminder for property rented out during the Commonwealth Games: HMRC reminds individuals who rented out property during the Birmingham Commonwealth Games to notify that income via self-assessment. HMRC notes that many people will have rented out property for the first time, and may have done so via online platforms.
Marketed tax avoidance: HMRC has published details of new named tax avoidance schemes to help the public spot and steer clear of tax avoidance schemes.
