What you need to do now to make sure you’re able to send goods from the UK to the EU, if there’s a no-deal Brexit. What you need to do is different if you import goods or transport goods. Step 1: Check if your business has a UK EORI number Your business will have a…
Day: 1 May 2020
Inheritance Tax: election by non-UK domiciled spouse or civil partner
When a person can make an election A person can make an election on or after 6 April 2013, provided that during the period of seven years ending with the date on which the election is made, the person had a spouse or civil partner who was domiciled in the UK, IHTA84/S267ZA(3). At the time…
Contributions towards expenditure on plant and machinery
Claim PMA on contributions A person who makes a contribution towards another person’s expenditure on plant and machinery can claim PMA on the contribution if: the general conditions for a contributions allowance are satisfied [## CAA01/S538 A person who makes a contribution towards another person’s expenditure on plant and machinery can claim PMA on the…
Class 2 National Insurance contributions: payments: extended time limits to pay voluntarily
Regulation 61B of the Social Security (Contributions) Regulations 2001 (SI 2001 No 1004) Due to the unavailability of pension statements for the new State Pension introduced by the Pensions Act 2014, HMRC introduced regulation 61B of the Social Security (Contributions) Regulations 2001 (SI 2001 No 1004) to extend the time limits for paying voluntary Class…