Business support announced in the Budget and 17 March

Business support announced in the Budget and 17 March In the Budget (11 March 2020) the Chancellor announced a package of measures to provide support for public services, individuals and businesses to ensure the impact of COVID-19 is minimised. A new Coronavirus...

Guide to Budget 2020

Avery Clifton Chartered Certified Accountants & Chartered Tax Advisers A SIMPLE GUIDE TO THE BUDGET 2020 This is a basic guide to the spring budget. It’s an introduction only and should not be used as a definitive guide, since individual circumstances may vary....

Domestic reverse charge

Domestic Reverse Charge Delay in the implementation of the domestic reverse charge   The domestic reverse charge has been introduced by the government to reduce VAT fraud in the construction sector. Originally this legislation was to be introduced in October 2019,...

Making Tax Digital – Exemption available

LITRG Press Release: Relief available for taxpayers struggling to find accessible software for new tax rulesAnyone who cannot find suitably accessible software to comply with the new Making Tax Digital for VAT rules should apply to HMRC for a temporary exemption, says...

Requirement to Correct

Requirement to Correct  regime  is linked to the common reporting standard, which underpins the international information exchange agreements network. It allows over 100 jurisdictions to share tax and banking information with one another. There is no requirement for a...

Making tax digital

Making Tax Digital LITRG Press release: 100 days to digital tax deadline – but where’s the exemption guidance?With just over 100 days to go before it becomes compulsory for most VAT registered businesses to keep digital records and file their VAT returns via software,...