Did you know we are piloting the Making Tax Digital VAT service, starting with an initial ‘private beta’ period to test all the key elements on a small scale before opening the pilot up more widely.
Did you know, fom April 2019, businesses with taxable turnover above the VAT registration threshold will be required to keep their records digitally and submit VAT returns using Making Tax Digital compatible software?
We have 20 online Tax Agents Toolkits to help you submit returns, keep you up to date with tax legislation, guidance which can also be used as either a straightforward checklist or training aid.
Did you know, HMRC will never notify you of a tax rebate by email or text. We also won’t ask you to disclose personal or payment information by email or text. You can forward suspicious emails to the HMRC phishing team at, phishing@hmrc.gsi.gov.uk.
Did you know, from 1 April 2017, if your client’s company or group has more than £2 million of net interest and similar financing costs per year, the Corporate interest restriction rules may restrict interest deductions for UK Corporation Tax purposes.
We published an Extension of offshore time limits consultation on 19 February 2018, which is open for comment until 11:45pm on 14 May 2018. We hope you will take the opportunity to read the consultation document and provide feedback.