2 minutes
Saffery Champness is reminding rural businesses that the VAT payment holiday, which ran from March 21 because of the COVID-19 crisis, ends on June 30. No further extension to the scheme, which has allowed VAT payments to be deferred until March 31, is expected.However, it is expected that there will
2 minutes
HMRC has kept its promise to adopt a light-touch approach on the imposition of fines for businesses who have failed to file on time with the shift to the new Making Tax Digital (MTD) system for VAT, according to Saffery Champness LLP. HMRC had not issued any fines for the 120,000 businesse
3 minutes
Susie Swift The First Tier Tax Tribunal recently determined in the case of Vigne vs HMRC that the estate of the late Maureen Vigne was entitled to Inheritance Tax Business Property Relief that had been disputed by HMRC. The Tribunal found however that Agricultural Property Relief was not available i
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