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Electronic VAT return and payment due

Recovering underclaimed input tax

Your business has incorrectly failed to claim input tax on a particular expense for five years. You know it can only be corrected for four years to comply with the legislation, but are you aware of a potential three-month extra claim in some cases?

HMRC clarifies treatment of averaging relief under MTD IT

HMRC has updated its guidance to explain how averaging relief claims will operate under Making Tax Digital for Income Tax (MTD IT). The clarification addresses concerns about how farmers and creators will claim relief once quarterly reporting becomes mandatory. What has changed?

Double up on the employment allowance

You’re the sole shareholder of a limited company which employs several members of staff. You’re working on plans to start another business with an ex-colleague. Can both businesses benefit from the full employment allowance (EA)?

VAT cut for children's holiday activities over summer

The government has announced a temporary reduction in the rate of VAT applying to certain children's holiday activity programmes during the summer holidays. The measure is intended to help families with childcare costs during the school break. What has changed?

Deadline to issue P60s