Some businesses do not pay enough regard to the importance of what documents say or even to retaining those documents Accurate records are vital Keeping accurate records is half the battle of compliance, as is cooperating with HMRC’s requests...
HMRC have now started writing to those businesses that have not signed up with a further reminder
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...
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...
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,...
