Businesses Urged To Reclaim EU VAT Before Brexit
Businesses that need to claim back VAT on expenses from working in the EU are being urged to do so before the planned date for Brexit. The Chartered Institute of Taxation (CIOT) is urging businesses…
Pressure Builds For MTD Delay
Two leading professional bodies have joined the Lords Economic Affairs Committee in calling for the Government to delay the introduction of Making Tax Digital (MTD) for VAT by one year. The Chartered Institute of Taxation…
Customs Checks To Be Relaxed In No-Deal Brexit Scenario
Businesses that import goods from Europe will not have to make immediate declarations to customs in the event of a no-deal Brexit, the Government has revealed. The new guidance from HMRC claims importers will file…
Peers Issue Warning On MTD
The economic affairs committee of the House of Lords has called for a delay in the rollout of Making Tax Digital (MTD) for VAT-registered businesses, currently scheduled to take effect on 1 April 2019. Among…
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