Aug 23, 2019 | Business Tax
New guidance has been published on the HMRC website, covering changes to the off-payroll working rules known as IR35 which will come into effect next year. From 6 April 2020, medium and large-sized businesses will be responsible for deciding the employment status of...
Aug 22, 2019 | Business Tax
HMRC has started automatically issuing businesses with identification numbers for its customs system, to allow them to trade with the EU after Brexit. Economic Operator Registration and Identification (EORI) numbers enable businesses to be identified by customs...
Aug 21, 2019 | Business Tax
More than 120,000 VAT-registered businesses in the UK missed the August deadline to file returns through Making Tax Digital (MTD). HMRC confirmed that around 116,000 businesses with quarterly obligations and 5,000 firms that file monthly returns did not sign up in...
Aug 16, 2019 | Business Tax
Plans to remove the employment allowance for large employers from April 2020 could have a domino effect on smaller firms. The employment allowance currently provides employers with a reduction of up to £3,000 to their national insurance contributions (NICs) bill. From...
Aug 14, 2019 | Business Tax
More than 50 major retailers have signed a letter to Chancellor Sajid Javid, calling for reforms to the business rates. Business rates are charged on most non-domestic properties, based on their rateable value and a multiplier set by the Government. The British Retail...
