Prepare for customs controls on imports from Ireland
[ad_1] Some goods will face customs controls from 31 January 2024 when moving directly from Ireland to Great Britain. The final version of the Border Target Operating Model (BTOM) was published in August 2023. The BTOM sets out the UK government’s approach to importing goods into Great Britain. It confirmed that, from 31 January 2024, […]
Taxpayers should prepare to provide more information to HMRC
[ad_1] Draft legislation released on 18 July indicates that business and individual taxpayers will be required to provide more information, from creative sector relief regimes to PAYE reporting, to HMRC in the coming years. The additional requirements are being introduced over the next few years. HMRC argues that this will help it to: provide better […]
Prepare for changes to share scheme reporting in 2023
[ad_1] HMRC’s latest Employment Related Securities Bulletin highlights that the completion of more data fields will become mandatory from 6 April 2023. HMRC has provided advance notice of changes that it is making to the five employment-related securities (ERS) end of year return templates from 6 April 2023. This will allow employers time to prepare […]