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In moves to protect businesses located in the U.K., there have been a number of recent changes to ensure that the U.K. taxes ...
Unfortunately I cannot find too much on this topic, except for one older and non-conclusive thread (https://www.accountingweb.co.uk/any-answers/reverse-charge-to-uk ...
Drivers have been warned about updated VAT road fuel charges introduced by HMRC this month. The change will impact businesses across the UK that use vehicles for both business and private journeys.
Charities have been urged to wind down its use of a VAT recovery scheme amid a HMRC crackdown. The move could affect charities that provide care, use unregulated bodies to make their charges ...
Those late in settling with HM Revenue and Customs (HMRC) will now face a daily charge of £10 until full payment is made. TotallyMoney CEO Alastair Douglas said: "Although the deadline was back ...
"You'll need to work out the correct road fuel charge, based on your car's CO2 emissions, and the length of your VAT accounting period. This will be either one, three, or 12 months," the HMRC added.
Three months past the self-assessment tax return deadline, HM Revenue and Customs (HMRC) are now imposing a daily £10 penalty on those who haven't settled their accounts. Alastair Douglas ...
Value Added Tax (VAT) is a critical component of the UK’s tax system, affecting businesses of all sizes. As we move into 2025, several VAT rules and policies will influence compliance, pricing, and ...