UK Budget 2021 Tax Update
An update from Eaves and Co on the UK budget for the tax year 2021/22
Pottering about with the Philosophers Stone – Making Tax Digital (MTD)
Following on from our recent New Year’s Philosophers’ Blog, I recently received a ‘Practicewire’ from the ICAEW [The Institute for Chartered Accountants]. They are the leading professional organisation concerned with helping businesses with preparing their …
A Recipe for a Car Crash
HOUSE OF LORDS The House of Lords Finance Bill Sub-Committee recently took oral evidence on economic preparation for Making Tax Digital which is planned to become compulsory (under threat of penalties) for many VAT registered business …
Making Tax Digital (MTD) for VAT – Are you Ready?
Recent surveys suggest that only 50% of affected businesses are aware of the new rules being brought in from April 2019 in relation to VAT. Even those who are aware of the changes are not …
Taxpayer awarded costs over HMRC’s unreasonable conduct
A recent VAT case heard by the First-Tier Tribunal (Gekko & Company Ltd v HMRC (TC06029)) highlighted worrying aspects of HMRC’s handling of the case and even awarded costs against HMRC. The Tribunal clearly felt …