HM Revenue and Customs has confirmed that UK businesses who wish to pay their deferred VAT liabilities in installments will be able to decide a payment schedule early next year.
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The UK Government has announced that the temporary GBP1m (USD1.31m) cap for the Annual Investment Allowance (AIA) will be extended until January 1, 2022
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On September 24, 2020, HM Revenue and Customs released in-depth guidance on the introduction of the VAT reverse charge mechanism on the supply of building or construction services
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Is the world "sleepwalking" into the next global financial crisis?
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The UK Government has published for consultation draft regulations for the "Offshore receipts in respect of intangible property measure," added to UK law via Schedule 3 to the Finance Act 2019.
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The UK's Chancellor, Philip Hammond, delivering the Spring Statement earlier this month, announced a number of upcoming VAT reform projects.
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