NEWS

HMRC has updated its job retention scheme guidance to confirm that employees can be furloughed where they are unable to work (including working from home), or working reduced hours, due to caring responsibilities resulting from coronavirus. Caring...

HMRC has updated its guidance on the conditional exemption tax incentive scheme to extend the temporary relaxations made as a result of coronavirus until April 2021. Those changes ensure that heritage properties will not lose their qualifying status...

HMRC is consulting on a proposed revision of the rules for apportioning consideration between supplies with mixed liabilities in a single transaction. The current law in VATA 1994 s 19(4) does not prescribe any particular method on how to apportion...

VAT Notice 700/46 has been updated to reflect the new conditions for entry into the agricultural flat rate scheme: farmers must have annual turnover from farming activities below £150,000 to be able to join the scheme but can then remain in the...

HMRC has published new guidance How to report sales of goods from Northern Ireland to the EU for VAT from 1 January 2021. From 1 January, VAT-registered businesses in the UK supplying goods from Northern Ireland to VAT-registered customers in an EU...

VAT Notice 48 on VAT extra statutory concessions has been updated to remove the following with effect from 1 January 2021: para 2.6, which provided zero-rating for supplies of goods and services made to diplomatic missions, international...

HMRC has updated its guidance to cover revised deadlines for submitting VAT returns for the VAT mini-one stop shop (VAT MOSS) for transactions from 1 January 2021. The UK VAT MOSS is withdrawn from 1 January 2021. As a result, businesses which...

HMRC has launched a further consultation on small brewers relief (SBR), setting out in further detail how and why the government reached its conclusions on the first part of the review, and exploring key issues associated with further reform. SBR...

HMRC has outlined the Irish Revenue’s ‘pre-boarding notification’ (PBN) requirements for hauliers carrying goods direct from GB to the Republic of Ireland, noting that some hauliers have been refused entry where a valid PBN has not been submitted....

The Stamp Duty Land Tax (Administration) (Amendment) Regulations, SI 2021/13, introduce a new SDLT 1 form which will be required from 1 April 2021 when the non-resident SDLT surcharge comes into force. From that date, SDLT rates for non-UK residents...