Changes to VAT penalties and interest from 01 January 2023

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

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New VAT penalty regime and other VAT news

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

1.25% increase to NIC and dividend tax ratesĀ 

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

Budget 2021

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

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Update on Government schemes in response to COVID-19

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

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COVID-19 Government schemes to help

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

Dividend 2017/18 and 2018/19

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

Autumn Budget 2017

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…

Changes to flat-rate VAT in more detail with examples

HMRC sounds warning on new VAT penalties HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.The tax authority says that the new penalties will be ‘fairer and more proportionate’ for businesses who submit their VAT returns or pay their VAT late.The first monthly returns…