IR35 “Domino Effect”

With the IR35 changes due to come into force from April 2020, large businesses are already either refusing to hire personal service companies or are imposing a “blanket” IR35 approach, whereby all PSCs will be treated as falling under the new rules.Lloyds, Barclays,...

HMRC – Brexit Customs Training and IT Grants Scheme

Whatever your opinion on Brexit, unfortunately it appears to be happening, by hook or by crook! As businesses, we should all make plans for 31st October, otherwise chaos will reign throughout the land. In an effort to assist businesses with the technical aspects of...

Warning about scams issued by HMRC

There have been reports of another surge of emails, phonecalls and text messages from scammers masquerading as HMRC. They may contain an email address or a phone number which looks very similar to the HMRC ones – but don’t be fooled.  HOWEVER – there...

Electric Cars – Update

Changes are being made to the way benefit in kind taxes are charged on electric cars with effect from April 2020 which will make company ownership of electric cars highly beneficial from a purely tax perspective. In short, a company can obtain 100% tax relief on the...

Construction Industry – VAT Domestic Reverse Charge

IMPORTANT INFORMATION FOR BUSINESSES WORKING IN THE CONSTRUCTION SECTOR The introduction of the Domestic Reverse Charge (“DRC”) for construction services will come into force on 1 October 2019 and we want to make sure all our clients are ready for the changes as there...

VAT – Direct Debit Payment “Teething Issues”

This is an important note for businesses which recently migrated to Making Tax Digital. It appears that there have been some errors in the way HMRC is collecting VAT payments since the move to MTD. When your company moved over to MTD, HMRC will have contacted your...