Changes to VAT penalties and interest from 01 January 2023

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

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New VAT penalty regime and other VAT news

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

1.25% increase to NIC and dividend tax ratesĀ 

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

Budget 2021

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

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COVID-19 Update 3

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

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Update on Government schemes in response to COVID-19

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

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COVID-19 Government schemes to help

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

Dividend 2017/18 and 2018/19

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

Autumn Budget 2017

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…

Changes to flat-rate VAT in more detail with examples

Supreme Court backs small firms on business interruption claims The UK’s Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.The test case was brought against insurers by the Financial Conduct Authority (FCA). The ruling means that thousands of small businesses are now set to receive insurance payouts…