Tag: HMRC

Audits: Don’t let one ruin your year It’s one of the most dreaded letters any business person receives. It starts innocently enough, “Dear Taxpayer, while processing your return, we noticed a few issues which raised questions…” and then the dreaded…

Making Tax Digital: Is your business prepared for the changes? Making Tax Digital (MTD) is the new online digital tax system for UK businesses who have hit the sales threshold of £85,000. Announced in July 2018, HMRC amended the existing…

How the UK is Fighting Online VAT Fraud In recent years, the UK has led the way in fighting VAT evasion on goods sold by overseas sellers online. On the 15th March 2018, online marketplaces in the UK were made…

Fulfilment Centre Due Diligence Scheme UK If you store goods in the UK for sellers established outside the EU, you may need to apply for the Fulfilment House Due Diligence Scheme.  The following information has been issued by HMRC and…

    THE UK TAX AUTHORITY IS CLAMPING DOWN ON NON-VAT COMPLIANT NON-UK ONLINE RETAILERS. WE EXPLAIN HERE HOW YOU CAN STAY COMPLIANT AND CAN KEEP SELLING   WHAT YOU NEED TO KNOW? HMRC are currently approaching sellers directly and via…