The rates will only apply to employees who are using a company car. These rates should not be used in any other circumstances other than the below: reimburse employees for the company cars for their business travel employees need to repay the cost of fuel used for private travel Reimburse…
The end date has been extended until 5 April 2022 for the temporary adjustments made to the right to work checks is been confirmed by the Home Office. Initially, the deadline was scheduled for 1st September 2021, but this has now been amended to 5th April 2022 for the end…
The business that supplies goods & services and is partially exempt from VAT while using a special calculation method for tax recovery can apply online. HMRC has launched a service on 16th August that will help businesses to apply for a partial exemption. To use the services, you will need…
The UK government will be applying the expanded version of the OECD reporting rules as advised by HMRC for digital platforms. HMRC is planning to implement the Organization for Economic Co-operation and Development (OECD) Model Reporting Rules for Digital Platforms as per the new consultation. It says that, probably from…
Here we have the information about the CIS penalties that will be imposed to get registered for payment under deduction or gross payment status within the Construction Industry Scheme (CIS) if either of the following is done: Supplied false information Provided false documents Registration Conditions Subcontractors must provide business and…