Delay in reform of VAT penalty system

Delay in reform of VAT penalty system

The reform of the VAT penalty system, which brings consistency to late payment and interest penalties and replaces the default VAT surcharge with a points based system, has been delayed until January 2023.

Omicron Hospitality and Leisure Grant

Omicron Hospitality and Leisure Grant

If you are local to us, here in Derby, then you may be interested to know that Derby City Council suggests that they will open up applications for the Omicron Hospitality and Leisure Grant to eligible ratepaying businesses in those sectors from the beginning of next week.

HMRC delays Making Tax Digital for ITSA

HMRC delays Making Tax Digital for ITSA

Although the government has delayed its plans for the introduction of Making Tax Digital for ITSA (Income Tax Self-Assessment), Bates Weston urges self employed and landlords to make the move to digital record keeping sooner rather than later.