by MAS | Jul 30, 2019 | HMRC, Self Assessment, Tax
Some taxpayers face unexpected tax bills due to a technical error with HMRC’s IT system which means that self assessment statements were sent out with the wrong information Wednesday is the final payment date for taxpayers who may have made a mistake on their self...
by MAS | Jul 26, 2019 | CIS, HMRC, VAT
The Federation of Master Builders (FMB) is calling for a six-month delay to implementation stating that levels of awareness about the changes to VAT reporting are low and few companies have made preparations for it. In a complete overhaul of the way VAT is payable on...
by MAS | Jul 25, 2019 | HMRC, Making Tax Digital, Tax
The government has published draft legislation for Finance Bill 2019-20. One of the primary objectives included in the draft legislation is to ‘update tax policies for the digital age’. The legislation outlines that, from April 2020, large digital firms...
by MAS | Jul 25, 2019 | Uncategorized
2 August Deadline for submitting P46(Car) for employees whose car/fuel benefits changed during the quarter to 5 July 2019. 19 August PAYE, Student loan and CIS deductions are due for the month to 5 August 2019.
by MAS | Jul 16, 2019 | HMRC, Making Tax Digital, MTD, VAT
HMRC has promised not to throw the book at firms who struggle to register for Making Tax Digital (MTD) as new figures show total take-up lagging in certain sectors. Three-quarters of VAT registered financial firms have not signed up for MTD despite the looming legal...