VAT deferral

VAT deferral – apply online by 21 June 2021 The VAT deferral new payment scheme is open for all businesses who deferred paying VAT due between 20 March and 30 June 2020 and were unable to pay in full by 31 March 2021. The initial scheme was part of the HM Government's...

Tax Codes and Calculations

Tax Codes and Calculations HMRC have been issuing tax codes and calculations following the submission of form P11Ds by employers across the country. The process affects individuals who are taxed under the PAYE  regulations, but will affect both employees and...

Benefits in Kind

Benefits in kind are reported on the employers forms P11D and are often misunderstood as even if their are no expenses that the employee need to pay tax on there will still be a need to make a return.