Changes to VAT penalties and interest from 01 January 2023

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

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New VAT penalty regime and other VAT news

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

1.25% increase to NIC and dividend tax ratesĀ 

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

Budget 2021

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

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COVID-19 Update 3

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

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Update on Government schemes in response to COVID-19

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

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COVID-19 Government schemes to help

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

Dividend 2017/18 and 2018/19

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

Autumn Budget 2017

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…

Changes to flat-rate VAT in more detail with examples

State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May EU approval was granted however HMRC have not confirmed expressly that this approval will be backdated to 6 April 2018.The Enterprise Management Incentive (EMI) allows…