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.…
UK VAT registered businesses with a taxable turnover above the VAT threshold are obliged to follow the MTD (Making Tax Digital) rules – keep digital records and use compatible software to submit their VAT returns. Businesses below the VAT threshold can opt-in to use this service, however, this will change…
It has come to HMRC’s attention that quite a number of ‘mini umbrella’ companies were created and used for the purpose of exploiting government incentives intended for small businesses, thus reducing their PAYE and tax bills. If you’re wondering what a ‘mini umbrella’ is, there is no standard definition on…
With all the recent events with mini umbrellas, let us remind you of the importance of implementing due diligence checks to assure your labour supply chains. Failing to do so may result in significant legal, financial and reputational risks for your business. In the end, you may be liable for…
Due to the COVID-19 pandemic, the Home Office introduced temporary measures on 30th March 2020 where the right to work checks could be carried out over video calls and job applicants could send scanned/photographed documents to their employers rather than sending originals. These temporary adjustments ended on 16th May 2021.…