HMRC: Making Tax Digital to be extended to all VAT-registered businesses from 2022

HM Revenue & Customs (HMRC) has confirmed that Making Tax Digital (MTD) will be extended to all VAT-registered businesses from April 2022.

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Government announces new stamp duty rates for non-residents from April 2021

HM Revenue & Customs (HMRC) has announced new rates of Stamp Duty Land Tax (SDLT) for non-residents from 1 April 2021.

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Chancellor considers online sales tax for e-commerce retail sector

The Chancellor, Rishi Sunak, is considering the introduction of a new sales tax for the online retail sector in a bid to help the struggling high street compete with the e-commerce sector.

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HMRC: Update tax credit account or risk overpayment

Those in receipt of tax credits must tell HM Revenue & Customs (HMRC) about any changes in their circumstances before 31 July or risk overpayment, it has been warned.

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Self-assessment taxpayers can “automatically defer payments on account”, HMRC confirms

Self-employed taxpayers due to make a payment on account can automatically defer the payment until 31 January 2021, it has been confirmed.

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Chancellor orders review into Capital Gains Tax system

The Chancellor, Rishi Sunak, has commissioned a report into the UK’s Capital Gains Tax (CGT) system, it has been announced.

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“Tax gap” falls to lowest level on record

The “tax gap” – the difference between what should be paid and what is actually paid – has fallen to its lowest recorded rate, new figures have revealed.

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COVID-19: Government set to introduce Stamp Duty holiday

The Chancellor, Rishi Sunak, is set to announce the introduction of a Stamp Duty holiday in his summer statement on Wednesday 8 July 2020.

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IR35: Off-payroll working rules to go ahead in April 2021

Major changes to the off-payroll working rules will go ahead in April 2021, it has been confirmed.

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COVID-19: The key dates for your tax diary

There are a number of Government support measures to help businesses through the coronavirus pandemic, as well as various business tax obligations being deferred. However, it can be difficult to keep track of all of the dates, deadlines and requirements,

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Can I save money by leasing a car through my company?

Is it cheaper to lease a car through a limited company? It’s a question we’re often asked, but the answer isn’t quite so straightforward.

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Government to relax rule for stamp duty surcharge for exceptional circumstances relating to COVID-19

The Government is relaxing Stamp Duty Land Tax (SDLT) surcharge in exceptional circumstances where a property could not be sold due to the impact of the coronavirus pandemic.

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VAT reverse charge for the construction industry postponed until March 2021

The Government has officially announced that the introduction of the domestic VAT reverse charge for the construction industry has been delayed until 1 March 2021 because of the impact of the coronavirus pandemic.

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HMRC updates tax guidance for waiving income and bonuses and charitable giving

HM Revenue & Customs (HMRC) has updated its guidance for people choosing to waive their income to support their business or a charity during the COVID-19 pandemic.

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COVID-19: The impact on company car benefit in kind

Due to the coronavirus pandemic, many people in the UK are now working from home or have been placed on furlough leave, meaning that they are not using their employer-provided company car. But what is the impact on the benefit

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