HMRC, Her Majesty's Revenue and Customs tax return paperwork.

Avoid the spotlight!

September 21, 2023

Avoid the spotlight! ‘Spotlights’ published by HMRC highlight schemes that HMRC has not yet had the opportunity to formally challenge, but where they are indicating, in advance, that they will enquire into any taxpayer who has utilised the planning. If someone uses a scheme which has been highlighted by a Spotlight. It is likely HMRC

Read More
tax deadline

HMRC chases gig economy workers

March 15, 2023

HMRC is writing to online sellers, gig economy workers and influencers, asking for tax to be paid up for earlier years. People who make money from the online content they create may not realise that they need to declare that income for tax purposes. Where it exceeds £1,000 per year. This rule applies even if

Read More

When must a business register for VAT

October 17, 2017

  A business should register for VAT if their ‘Taxable Supplies’ over the past 12 months have exceeded the VAT registration threshold. From April 2017, the VAT registration threshold has been £85,000. Therefore, if at the end of any month, the total value of all the taxable supplies over the previous 12 months is greater

Read More