Introduction to Summer 2019 Newsletter

Our lead article looks at an important change for the construction industry: the introduction of the VAT domestic reverse charge. The charge takes effect from 1 October 2019, and will mean significant changes in invoicing and VAT return procedures for those involved. Read more

VAT in Building and Construction

A major change in the way that VAT in building and construction is accounted for takes effect later this year.

The VAT domestic reverse charge for building and construction services applies from 1 October 2019. It is an anti-fraud measure – an administrative change, impacting invoicing and VAT return procedures. With a reverse charge, a VAT-registered recipient of services accounts for VAT, rather than the supplier. Read more

MTD for VAT update

As Making Tax Digital for VAT (MTD) rolls out, it is important that businesses are aware of changes to VAT Notice 700/22 Making Tax Digital for VAT bit.ly/2LCgP49. This is updated on an ongoing basis as HMRC issues further guidance. Read more

Better business management: the Farm

Keen to take maximum advantage of the opportunities on offer, but not always confident that they have the right management tools to use. That was the picture that emerged from a recent government survey of farming businesses in England. Read more

Holiday pay. It comes with the job

You may have seen adverts from the holiday pay awareness campaign earlier this year: ‘Holiday pay. It comes with the job’. This is part of a wider government initiative, the modern Industrial Strategy, aimed at giving employers and workers better understanding of workplace rights and responsibilities. Read more

Tax return special

As self assessment tax returns for 2018/19 will soon be on the agenda, there are some key developments to keep in view. Read more

Workplace diversity

Employers wanting to be sure they are fully compliant with their legal obligations in the area of workplace inclusivity will need to be aware of new guidance relating to neurodiversity from the arbitration and conciliation service, Acas. Read more

Your state pension

Earlier this year, a report suggested that half a million people could be paying unnecessary tax on the state pension. Read more