Changes in VAT & Entertaining

Following a case in the European Court of Justice, HMRC has changed its position relating to recovery of input tax on entertainment expenses. Historically input tax has never been claimable since VAT was first introduced in the UK but following the Danfoss and Astra...

SME’s Warned about Business Records Checks

The taxman’s approach to small business records checks has undergone a “subtle change in tone” from being an educational exercise to a compliance check. HM Revenue & Customs recently said “business records checks are primarily a compliance check,...

Time To Pay Arrangements and Security

HMRC’s next step – Security HMRC has provided a number of services to support businesses that have been affected by the economic downturn principally through Time to Pay (TTP) arrangements. There has been a rise in the number of TTP requests being rejected by HMRC...