by Gary Woosey | Aug 17, 2020 | Tax
HM Revenue & Customs (HMRC) has written to people suspected of having undeclared overseas assets, asking them to declare any currently undeclared overseas assets and to complete a certificate declaring the correct tax position. The letters have been generated...
by Gary Woosey | Aug 11, 2020 | Covid-19
The Federation of Small Businesses (FSB) is warning SMEs that any remaining emergency Coronavirus funding will go back to the Treasury at the end of August if it is not claimed. Earlier in the year, the Chancellor announced £12 billion of funding to help support...
by Gary Woosey | Aug 4, 2020 | Covid-19, Tax
The financial support offered by the Government through the VAT payment deferral scheme has officially come to an end. This period, which was intended to support businesses struggling with the impact of COVID-19, ended on 30 June 2020. You must now pay any VAT due...
by Gary Woosey | Aug 4, 2020 | Covid-19, Tax
The Chancellor, Rishi Sunak, is considering the introduction of a new sales tax for the online retail sector in a bid to help the struggling high street compete with the e-commerce sector. The Treasury published a call for evidence last week, seeking industry views on...
by Gary Woosey | Aug 4, 2020 | Uncategorized
HM Revenue & Customs (HMRC) has announced new rates of Stamp Duty Land Tax (SDLT) for non-residents from 1 April 2021. The new rate represents a two per cent surcharge compared to purchases made by UK residents and will apply to both leasehold and freehold...
