Sweeping VAT reforms in the EU will affect the UK’s online retailers, families hit with big bills after believing gifts would not be taxed, OTS considers bringing the end of the tax year forward and UK tax incentive ‘fails to deliver extra R&D spending’. Read more.
Deadline approaches for SME Brexit support grant, employers told to issue childcare voucher reminder, Directors back mandatory climate credential disclosure plan and HMRC seeks to remove VAT payments supplement. Read more.
Super-Deduction tempts 51% of manufacturers to invest, VAT-registered firms start using digital links under MTD, HMRC rolls out new measures to ‘tackle CIS abuse’ and workplace pension contributions bounce back after slump. Read more.
Opt-in to vat deferral new payment scheme by 31 March 2021, personal allowance and higher-rate threshold to increase 0.5%, changes to prompt-payment code aim to end late payments and record number miss self-assessment filing deadline due to COVID-19. Read more.
The witnessing of wills over video-conferencing platforms in England and Wales has been temporarily legalised, the Government has confirmed. The law still requires a will to be made “in the presence of” at least two witnesses to be legally valid…