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From the 10th October 2020 Companies House will resume the process to strike off a company if there’s reasonable cause to believe it’s no longer carrying on business or in operation. Company documents are outstanding, and there has been no …

HMRC have now updated their online system for reporting disposals of residential properties subject to CGT. It is now possible to report a second disposal online. Since 6th April 2020, Capital Gains Tax (CGT) on all UK residential property sales …

HMRC have updated their guidance on SDLT today (27/08/20). The full guidance can be seen on the gov.uk web site. SDLT higher rates apply when you buy residential property (or a part of one) for £40,000 or more and if …

You can now make a claim for the second and final grant. Your claim must be made on or before 19 October 2020. You can make a claim even if you did not make a claim for the first grant …

A reduction in the rate of VAT to 5% has been offered to the hospitality, holiday accommodation, and attraction sectors of the economy from 15th July to 12th January 2021. Specific types of businesses covered by the reduction include restaurants, …

HMRC are inviting businesses in the hospitality sector to register for the scheme. The scheme will allow customers eating out in cafes, restaurants or hotels who have registered to receive a 50% discount up to £10 per person during the …

HMRC have updated their guidance on penalties for failure to file annual and occasional returns and documents on time. This applies to Income Tax, Capital Gains Tax, The Registered Pension Scheme, Bank Payroll Tax, Annual Tax on Enveloped Dwellings and …

HMRC have issued some guidance recently advising of the risk of using Non-compliant umbrella companies. Some umbrella companies offer higher take home pay often referred to as Enhanced or Advanced umbrella services. Frequently these are tax avoidance schemes, it is …

HMRC have confirmed any information held by them may be disclosed to the Home Office for its immigration, nationality and customs functions.

The new regulations coming into force from 6th April aim to make a level playing field between those who are directly employed or via a Personal Service Company (PSC) so that income tax and NIC payments are the same and …