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Coronavirus Business News roundup April 24th

Coronavirus Business News roundup April 24th

During COVID 19 crisis, I am publishing bi-weekly Blogs focused on Small business. When there is some genuine changes or news that help businesses and individuals, you will be the first to know. Sometimes after a Government announcement, and it can be several days...
Coronavirus VAT deferment: Don’t delay

Coronavirus VAT deferment: Don’t delay

Many UK businesses are at risk of losing out on the coronavirus three month VAT deferment if they do not act immediately. After announcing the easement on 20th March, HMRC has followed up with a warning that direct debit payers must contact their banks to cancel the...
HMRC come a cropper on the ski slopes

HMRC come a cropper on the ski slopes

The upper tribunal, which is essentially the tax Court of Appeal, has ruled that lift passes sold at an indoor ski centre should be subject to 5% VAT. Overturning the first-tier tribunal decision from 2018. The decision highlights one of the most worrying aspects of...