The ESFA have decided to extend the deadline for submission of academy trust financial statements for the year ended 31 August 2020 by one month. The deadline for submission is now 31 January 2021.
Chartered accountants Lovewell Blake have appointed a former HMRC VAT expert to their specialist VAT team
Charities facing challenges caused by the Covid-19 pandemic may find a new flexibility on the part of funders who could come to their aid.
Many businesses purchase vehicles to support their day-to-day operations. Whilst it may be assumed that, as a vehicle is being acquired by a business to support their activities, the VAT incurred on the purchase costs would be recoverable, this is often not the case.
From 6 April 2020, UK residents disposing of UK residential property are required to report the disposal to HMRC and pay any Capital Gains tax liability within 30 days of the completion date. Residential property includes land that has held a dwelling at any time.
Applications for the second instalment of grants under the Self-Employed Income Support Scheme (SEISS) have opened today.
On 8 July 2020, the Chancellor announced his ‘Plan for Jobs’ outlining how the government will support the UK’s economic recovery.
In April 2015, the Government dramatically changed the taxation rules applying to pension scheme death benefits.