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HMRC has announced today that Self Assessment customers will not receive a penalty for filing their 2019-20 tax return late, as long as they file online by 28‌‌ ‌February. Although they do still encourage customers to file by 31 January if possible. Customers still need to pay their Self Assessment tax...

 1. Sales of goods to EU consumers/IOSS Sales of goods to EU consumers are now exports from mainland UK (GB) and can be zero-rated with proof of postage/shipment. There are separate rules for movements across the Irish land boundary or from Northern Ireland to other EU Member States under the...

The post-Brexit transition period has finally ended. But for many British business leaders, the new EU trading rules are still unclear… For example, how should you report the movement of goods? When do you need to pay import VAT and customs duty? And do Northern Irish companies face different rules to the rest...

 If your employees can’t work from home or can’t go to work due to childcare responsibilities now that schools have closed, it has been confirmed that it is legal, though not compulsory, for employers to furlough them. Employees must have been on the payroll on 30th October 2020.