Self-Serve Time to Pay for VAT

Self-Serve Time to Pay for VAT

by | Sep 10, 2023 | VAT, accountancy, Accountants, bookkeeping, Business Owner, Family Business, hmrc, Limited Company, MTD for VAT, MTD ITSA, Partnership, Self employed, Sole trader, tax, VAT late submission penalties

Accountants Chester – Tax Tip No. 37 For some time, taxpayers within Self Assessment have been able to set up a Time to Pay arrangement online, allowing them to pay their tax bill in instalments if they cannot pay it in full and on time. The facility to set up...
Tax and Tips

Tax and Tips

by | Jul 24, 2023 | tax, accountancy, bookkeeping, Business Owner, director, employee, Employer, Family Business, hmrc, Income Tax, Limited Company, MTD for VAT, Self employed, Self-Assessment, Sole trader, Tax return, VAT

Accountants Chester – Tax Tip No. 31 The Employment (Allocation of Tips) Act 2023 sets out a new legal framework for the fair allocation of tips. A new Code of Practice is to be introduced and employers will have a legal obligation to adhere to the Code. It will...