NEWS

Following discussions with stakeholder groups, HMRC has issued a statement on the off-payroll working rules due to come into effect next April which clarifies its interpretation of the conditions where the intermediary is a company.The statement...

HMRC has contacted some businesses which received a grant under the SEISS, asking them to confirm whether or not they are still trading. Where a business has stopped trading, HMRC will need to check whether it was eligible for the grant and whether...

The CIOT has responded to HMRCs call for evidence on tackling disguised remuneration tax avoidance, welcoming the commitment to discouraging the use of abusive arrangements involving disguised remuneration schemes, and this early stage...

The CIOT has responded to the government consultation on the extending the scope of qualifying expenditures for RD tax credits on two specific areas: data and software. The CIOTs findings include the following:there needs to be clarity on...

HMRC has confirmed that the 26 a month flat-rate claim for employed homeworker expenses can be made for the whole of the 2020/21, regardless of how long the individual was required to work from home.For employees who were required to work from...

LITRG has backed the Scottish Governments call to make coronavirus self-isolation support payments free of income tax noting that, should the UK Government choose not to do so, it will need to provide clearer guidance to ensure claimants...

The Value Added Tax (Refund of Tax to the Charter Trustees for Bournemouth and the Charter Trustees for Poole) Order, SI 2020/1113 will allow the Charter Trustees for Bournemouth and Poole to claim a refund of tax (under VATA 1994 s 33) in respect of...

HMRC has set out steps that certain businesses and their agents will need to take in preparation for the migration of remaining businesses from HMRCs current VAT mainframe to its Enterprise Tax Management Platform (ETMP) from March 2021,...

HMRC has published the following new guidance on import declarations:Making an import declaration in your records without authorisation from 1 January 2021: for EU goods brought into Great Britain.Prepare to make supplementary declarations from 1...

The Law Society and the CIOT have responded to HMRCs call for evidence on the principles and design of a new framework for stamp duty and stamp duty reserve tax (SDRT).The Law Society considers that the transaction tax regime on shares and...