Community amateur sports clubs asked to check their status
[ad_1] HMRC is writing to community amateur sports clubs and asking them to check if they are still eligible to stay within the scheme. A club can apply to register with HMRC as a community amateur sports club (CASC) where it meets the necessary conditions. By becoming a CASC, the club benefits from tax reliefs […]
HMRC challenges UK VAT status of online traders
[ad_1] HMRC will contact businesses believed to be non-established taxable persons (NETPs) for VAT purposes. The business will then have 30 days to challenge HMRC’s decision. HMRC will send a one-to-many letter from late January 2024 to businesses that it believes are NETPs for UK VAT purposes. The letter was first mentioned in Agent Update 112. […]