The cost to the industry of quarterly tax updates will be billions of pounds – not hundreds of millions in savings, according to one of the UK’s most respected small business accountants.
Benjamin Franklin once said, the only things that are certain in life are death and taxes.
The road ahead is unclear. No state has left the European Union before, and the rules for exit – contained in Article 50 of the Treaty of Lisbon – are brief.
Swindon Town Football Company Limited (STFC) received fines from the Pensions Regulator totalling £22,900
The government is continuing with its plans to introduce a fully digital system by 2020. On 25 January a debate was held in parliament and the government was keen to argue that the quarterly reports are not returns.
An update to VAT Notice 733 - ‘Flat rate scheme for small businesses’ was issued on 4 May 2016.