31 July 2021
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…
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…
12 July 2021
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…
The Office of Tax Simplification (OTS) has put forward a proposal to move the end of the tax year from April 5 to March 31. There are also indications that December 31 was taken as the deadline for the move. We should be aware that any change in the tax…
Draft statutory instruments have been published in Gov.uk which will amend the existing regulations on Disclosure of Tax Avoidance Schemes (DOTAS), Promoters of Tax Avoidance Schemes (POTAS) and Disclosure of Avoidance Schemes for VAT and Other Indirect Taxes (DASVOIT). These are expected to come into effect from 9th September 2021.…
