Buy to let
Transferring a portion of a buy to let property.
My client is a pensioner who has recently remarried. He owns a buy to let property and currently pays higher rate tax on the profits of...
The value of claims made under the coronavirus job support scheme (CJRS) at 15 February was £53.8bn, according to HMRC’s latest figures. The number of employers that have made at least one...
HMRC has published guidance for businesses to find withdrawn VAT notices to check the rules for transactions that took place on or before 31 December 2020 or for audit reasons.The withdrawn notices...
The current high volume of VAT registration applications may be causing delays, says HMRC. In a note to the Chartered Institute of Taxation, the department says it is processing around 70% of these...
The House of Commons’ environmental audit committee is calling on the government to reduce VAT on various products to help design an economy for net-zero Britain. These could include repair...
In 2020-21, HMRC issued only 80 data requests to platforms for information about online sellers it suspected of evading UK VAT, according to a freedom of information request from UHY Hacker Young. In...