CIS – Penalties for false registration

Here we have the information about the penalties that will be imposed to get registered for payment under deduction or for gross payment status within the Construction Industry Scheme (CIS) if either of the following is done: supplied false information provided false documents Registration conditions Business and Identity details must…

Check Employment Status for Tax

Check Employment Status for Tax (CEST) tool can be used to find out if a worker should be classified as employed or self-employed for tax purposes. This tool gives you the HMRC’s view of a worker’s employment status based on the information you provide. We can also use this tool…

VAT liability of charging of electric vehicles

Nowadays, electric vehicle charging points usage is becoming more common in public places as the use of Electric vehicles is increasing. HMRC has clarified the rules in the below specific cases as they received requests from businesses and business representatives: The VAT should be charged at a reducing rate if…

The new VAT rules for e-commerce comes into force

The new rules are valid from 1st July 2021, and they refer to the abolition of VAT exemptions for small value shipments. Specifically, it refers to goods worth €22 or less and a new special scheme for the distance selling of goods, where the goods are estimated at €150 or…