Claiming Employment Allowance
The Employment Allowance reduces an employer's NIC liability. The current allowance is £5,000. An employer can claim less than the ...
VAT and food supplies
HMRC’s VAT Notice 701/14: food explains what types of foods are zero rated and standard rated for VAT. The notice ...
Definitions of connected persons
The definition of a connected person for tax purposes can be complex and varies depending on the circumstances at hand ...
Employee ownership and involvement
There are many ways that employees can own a stake in their employer's company. However, employee ownership usually refers to ...
Contacting HMRC by email
HMRC has published a new guidance titled ‘Corresponding with HMRC by email’. The guidance was published on 9 August 2022 ...
VAT Flat Rate Scheme
The VAT Flat Rate Scheme (FRS) has been designed to simplify the way a business accounts for VAT and in ...
Overseas seller VAT check
Since 2018, online marketplaces (such as eBay or Amazon) have been required to help tackle online VAT fraud. These measures, ...
Termination payments
The tax treatment of termination payments has changed significantly over recent years. The changes have aligned the rules for tax ...
Bona Vacantia – dissolved companies
The final step in bringing a company to a legal end is dissolution. However, one of the important points to ...
Reminder of compensation limits for bank deposits
The bank deposit guarantee limit is the amount of money that is guaranteed for savers in UK banks and building ...
Reminder that the plug-in grant has ended
The government plug-in grant was first introduced 11 years ago to help drivers make the move to owning an electric ...
Using the Customs Declaration Service
The Customs Declaration Service (CDS) is a new customs IT platform that has been designed to modernise the process for ...
