Newsletters
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Brexit: avoid traps with zero-rating
The VAT rules for sales to the EU changed on 1 January 2021, as these are now classed as exports. How will these changes affect businesses and what is the impact of more new rules being introduced from 1 July 2021?
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Can a business refuse an unannounced VAT inspector?
HMRC is stepping up compliance visits in the local area, including turning up unannounced at businesses and demanding to see till and cash records. What rights does a business have do if it is targeted in this way?
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Using subcontractors: who’s responsible for the VAT?
A business frequently uses subcontractors to fit bespoke storage units into its customers’ homes. HMRC is now claiming that the business is responsible for the VAT on the subcontractors' services. Are they right?
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The new super-deduction: the devil is in the details
The new super-deduction announced at the 2021 Budget appears very generous on paper. However, the draft legislation shows that there are a number of conditions and drawbacks. What should a company know before claiming it?
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Helping staff with pension decisions
The financial pressures on employees have been significant over the last year so it’s even more important that their retirement plans are robust. What do employers need to know about pensions for tax year 2021/22? Response to COVID-19
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Avoiding a year-end trap with employee expenses
For cars and vans there are two tax-free mileage rates. The higher is payable for the first 10,000 miles of business travel in a tax year and the lower thereafter. The trouble is, as one tax year ends and another starts there’s the risk of applying the wrong rate. What’s the problem and how can employers avoid it?
Muir & Addy is a partnership registered to carry out audit work by the Institute of Chartered Accountants in Ireland (ICAI). Chartered Accountants Ireland is the operating name of ICAI.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.