Businesses were given the option to defer their VAT payments between 20 March and 30 June VAT returns with a payment due date after 30 June must now be paid as normal Any deferred payments should be paid in...
You have the option to defer your second payment on account if you are registered in the UK for Self-Assessment and finding it difficult to make your second payment on account by 31 July 2020 due to the impact...
HMRC started to collect Class 2 NICs through self-assessment from 5th April 2016. However, this change has led to cases where NICs have not been collected Taxpayers may not become aware of the importance of paying Class 2 NICs...
HMRC has confirmed that where taxpayers wanted to defer VAT payments due between 20 March 2020 and 30 June 2020, but did not manage to cancel their Direct Debit in time they can claim a refund The quickest way for taxpayers...
HMRC is restarting communications to businesses that it thinks should have signed up to Making Tax Digital (MTD) for VAT but have not done so. It is now contacting those businesses ahead of ramping up its compliance activity in...
HMRC has started to issue annual PAYE tax calculations for 2019/20, prioritising cases where a refund is due. It is important to check the calculations and request a repayment Anyone receiving a calculation should check it carefully as, historically,...
HMRC started to collect Class 2 NICs through self-assessment from the 2015/16 tax year. However, implementing this change has been fraught with problems and correcting cases where NICs have not been collected resulting in unnecessary administration and costs for...
HMRC has announced changes to the Self-employment Income Support Scheme (SEISS) for new parents and reservists. The government has announced that the SEISS will be changed to include some parents who have taken time out to have children The change...
HMRC is writing to one million tax credit claimants whose renewal packs omitted some information, as ICAEW urges self-employed claimants to check whether they need to contact HMRC by 31 July HMRC has confirmed that around one million tax...
The domestic reverse charge anti-fraud measure for the construction industry has been delayed once again by five months to 1 March 2021 Monthly VAT returns: If all or most of your income will be subject to the reverse charge,...
