NEWS

HMRC has added a number of examples to its guidance How different circumstances affect the self-employment income support scheme to help businesses decide whether they meet the adversely affected criteria for the first and second grants...

The Low Incomes Tax Reform Group (LITRG) has urged HMRC to publicise the tax implications for recipients of payments under the SEISS. Grants made under the scheme are taxable and will need to be included in claimants 2020/21...

Where an employee was furloughed when they were travelling to a temporary workplace, the period of furlough forms part of that period of continuous work. Working from home will also be part of the period of continuous work. The workplace stops being...

HMRC has updated its guidance Statutory sick pay: employee fitness to work to add new examples of the types of evidence an employer can ask an employee to provide after being off sick for seven days where the absence relates to coronavirus. Proof of...

HMRC has outlined its position on how businesses which supply goods under hire purchase agreements should recover input tax on their overheads. HMRC Brief 8/2020: change to partial exemption VAT treatment proposes a suggested apportionment method...

HMRC has unveiled a new package of measures to accelerate growth of the UKs customs intermediary sector (i.e. customs brokers, freight forwarders and express parcel operators). The new support measures include:a 50m grant fund for...

Although the UK government has announced that the Brexit implementation period will not be extended beyond 31 December 2020, full controls on imports of goods from the EU will not apply before July 2021, as border controls are introduced in three...

HMRC has updated its guidance Check how to get your import VAT certificate (C79) to clarify which import VAT certificates (C79) to use for March 2020. This is because some businesses were not issued with a C79 for March 2020 or were issued with data...

The temporary exemption from the single-use carrier bags charge, for delivery or collection of goods in Wales, has been extended until 31 December 2020. The exemption was previously extended until 8 July, to mitigate the risk of transmission of...

Financial Secretary, Jesse Norman, has confirmed that the government remains committed to tax transparency and will continue to apply international standards on transparency and exchange of information after the end of the Brexit...