by MAS | Jul 15, 2019 | childcare, HMRC, tax free childcare
As the summer holidays loom, HMRC is reminding working parents that they can apply for tax-free childcare worth up to £2,000 per child per year to pay towards regulated holiday clubs during the school holidays Parents can choose from more than 68,000 childcare...
by MAS | Jul 15, 2019 | Business advice, Financial news, HMRC, VAT
HMRC has launched a new consultation on how the administration and collection of Insurance Premium Tax (IPT) can be ‘modernised’ in order to provide ‘optimal efficiency for both business and HMRC’. The consultation aims to review the extent to...
by MAS | Jul 15, 2019 | Business advice, CIS, Financial news, HMRC, VAT
In a complete overhaul of the way VAT is payable on building and construction invoices, the introduction of the domestic reverse charge from 1 October 2019 means that the customer receiving the service will have to pay the VAT owed straight to HMRC instead of paying...
by MAS | Jul 15, 2019 | Financial news, HMRC, Tax
The new draft IR35 legislation has been released today, here is a summary of the key points and our initial thoughts on them: Small end-clients outside of scope New Status determination Statement New Client led disagreement process The draft legislation amends the...
by MAS | Jul 4, 2019 | PAYE
With the 2018/19 P11D deadline looming, we examine the pros and cons of payrolling benefits, plus key registration and filing dates If you’re an employer, you need to submit an end-of-year report to HMRC for each employee provided with benefits which have not been...
