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High Income Benefit Charge

The High Income Child Benefit Charge (HICBC) is a tax charge which repays part of the child benefit received by high earners earning over £50,000 to a 100% repayment for those earning over £60.000. It applies to child benefit received from 7th January 2013. Who does it affect? You may need to pay a tax…

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Clubs, Societies, Associations and Corporation Tax

The various requirements to tell HMRC that a company is liable for Corporation Tax, pay any Corporation Tax due and file a Company Tax Return online and on time also apply to members’ clubs, Community Amateur Sports clubs, societies, associations and some other unincorporated bodies. If your organisation is liable for Corporation Tax you must…

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Covering Home Workers Incidental Expenses

More and more employers are using home-working as a way of reducing the need for workspace. Some employees work at home permanently, while others operate under a more flexible arrangement, visiting a workplace as and when necessary. And some employees are based at home but regularly visit customers or suppliers in person. It’s not just…

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How Will The VAT Mini One Stop Shop (VAT MOSS) Work?

You may opt to use the VAT Mini One Stop Shop (VAT MOSS) online service to save you having to register for VAT in every EU Member State where you supply digital services. This will be available from 1 January 2015, but you will be able to register to use it from October 2014. If…

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