Transitional arrangements ending for NI second-hand car sales
[ad_1] From 1 November 2023, businesses will have to account for VAT on the full selling price of all vehicles bought in Great Britain and sold in Northern Ireland. Until 1 May 2023, businesses could account for VAT on second-hand vehicles bought in Great Britain and sold in Northern Ireland under the second-hand margin scheme. […]
Make time to pay arrangements online and avoid calling HMRC
[ad_1] Taxpayers that cannot pay their tax bill on time can set up a time to pay arrangement with HMRC. ICAEW’s Tax Faculty highlights the circumstances when this can be done online for self assessment and PAYE. Setting up a time to pay arrangement online for self assessment (SA) has been possible for several years. […]