The VAT domestic reverse charge for construction came into force on 1 March 2021.It applies only to VAT-registered businesses that are supplying/receiving services that are reported under CIS. By moving the VAT charge down the supply chain, HMRC intends to make this kind of fraud impossible. The domestic reverse charge will apply to…
The scammers allege that payment is owed to HMRC and that warrants for arrest have been issued. HMRC does not use any Royal Courts of Justice phone numbers. If you receive a call or email, or any type of contact, do not provide any personal details or make any…
SME Brexit Support Fund of £20 million to help small businesses who trade only with the EU. It has been set up to support businesses prepare for the new import controls coming into force from April and July. This means businesses do not have to complete new import declarations for…
Pay as You Grow repayment flexibilities now include the option to delay all repayments for a further six months, meaning businesses can choose to make no payments on their loans until 18 months after they originally took them out. Learn more…