Unprecedented, uncertain, never in living memory and historic are phrases that are often used all too often. However, in the past two and a half years it is fair to say these words and phrases have been heard a lot…
COVID-19 left many businesses facing financial hardship in 2020. As a way to ease some of the pressure, HMRC allowed the payment of VAT due between 20 March 2020 and 20 June 2020 to be deferred until 31 March 2021. …
Construction Industry Scheme (CIS) VAT Domestic Reverse Charge has started this month Why is it being introduced? The domestic reverse charge VAT procedure is an anti-fraud measure designed to counter sophisticated criminal attacks on the UK VAT system. It…