CEST results: will HMRC accept software decision?
HMRC have recently confirmed that they will be bound by CEST results provided the information is accurate and it is used in accordance with their guidance.
Not all benefits need to be reported on form P11D
Reimbursed expenses no longer need to be reported where they are incurred wholly, exclusively and necessarily in the performance of the employee’s duties.
Furlough grant reduced to 60% from August
For the months of August and September, the CJRS Furlough grant support from the government via HMRC reduces to 60% of the employee’s usual pay for hours not worked.
Dorset restaurant boss banned for tax evasion
A restaurateur from Warwickshire has been banned for five years after he underreported the business’s takings to avoid paying the correct tax.
New “reverse charge” VAT rules for construction sector
New VAT rules are finally due to come into effect in March 2021 which will impact on accounting for VAT for transactions in the construction sector.