Author: Nishtha Digital

HMRC has started to send Making Tax Digital for VAT (MTD for VAT) 'nudge' letters to firms it thinks should've signed up to the scheme but have not yet done…

Business have been reminded to reinstate their direct debit mandates before the deferral of VAT payments due to the coronavirus (COVID-19) comes to an end on 30 June. The VAT…

Research carried out by banking group Aldermore has suggested that small and medium-sized enterprises (SMEs) in the UK expect to borrow £48.3 billion once the coronavirus (COVID-19) lockdown ends. Three…

On 12 June, HMRC updated its guidance for employers who have furloughed employees under the Coronavirus Job Retention Scheme (CJRS). From 1 July, employees will no longer have to be…

Data published by economic forecasting group EY Item Club has suggested that the UK economy could contract by 8% in 2020. It estimates a record 15% contraction in the second…

HMRC has updated its guidance regarding the eligibility of businesses for the two Self-employment Income Support Scheme (SEISS) grants. The tax authority has published a number of examples that show…