VAT after Brexit

What could happen to VAT after the UK has left the European Union? On 23 June 2016, the British public voted in one of the most important referendums of modern times. The public’s decision to leave the EU will have an impact on almost every aspect of economic life. Trading relationships will need to be… Continue reading VAT after Brexit

Paper tax return deadline

The deadline to submit your self-assessment paper tax return for the 2015/16 tax year is 31 October 2016. Tax returns must account for all income received during each tax year running from 6 April to 5 April.

Tax-free childcare scheme 2017

The government’s tax-free childcare scheme is due to launch in early 2017. As part of the scheme, parents will be able to set up an online account with HMRC to pay for childcare with a registered provider. The government will top up the account by 20% up to a total of £10,000. The maximum government… Continue reading Tax-free childcare scheme 2017

EU employees & residency

EU employees are concerned about their residency status following the EU referendum. A British Chambers of Commerce (BCC) survey of 800 companies who employ EU workers found that 41% of businesses say their EU staff are worried.