Registering for VAT and deadlines for submitting returns and payments
As a business owner, it is important to understand when you need to register for VAT and the deadlines for completing VAT returns and payments.
VAT payment deferrals
Deferred VAT payments for the period between 20 March and 30 June 2020, which are now due on 31 March 2021, can now be paid in installments.
VAT domestic reverse charge for builders until 2021
HMRC has announced a further 5 month delay to the introduction of the VAT domestic reverse charge for building and construction services.
Temporary VAT zero rating of personal protective equipment
From Friday 1 May, there is a 3 month temporary VAT zero rating on personal protective equipment (PPE).
Budget 2020: predictions on Rishi Sunak’s tax announcements
What will the Chancellor announce in the Budget 2020? We have put together some key tax areas Rishi Sunak may focus on.
