VAT and NI updates.
Click here for more infoHMRC has announced that the government has delayed the introduction of Making Tax Digital (MTD) for Income Tax self assessment (MTD for ITSA) for a year.
The government says it has made the move in recognition of the challenges faced by many UK businesses as the country emerges from the pandemic.
Blackman Terry Tax Investigations Service for the half year 2021-22, begins on the 1st October 2021 and will run through to the 31st March 2022.
If you have not already joined the scheme, we strongly recommend that you join to cover your defence costs in the event of being selected for investigation by HMRC.
HMRC has an unprecedented level of information on UK businesses and taxpayers and is actioning an increasing number of tax investigations to collect additional tax revenues.
The representation costs for a typical tax investigation can often escalate, not because you have made a mistake, but because you are required to prove yourself innocent of any wrongdoing.
Unfortunately, we can’t stop you from being selected for an enquiry, but we can ensure you can afford a full defence if it happens; this is where the Tax investigation Protection Scheme comes in.
