Weekly tax highlights ― 27 November 2020

Weekly tax highlights ― 27 November 2020

The following Owner-Managed Businesses guidance note Produced by Tolley provides comprehensive and up to date tax information covering:

  • Weekly tax highlights ― 27 November 2020
  • Brexit ― guidance
  • Accounting for VAT for goods from overseas
  • Accounting for VAT between Great Britain and Northern Ireland
  • Customs for goods transported between Great Britain and the EU
  • Brexit ― legislation
  • The International Tax Compliance (Amendment) (No 2) (EU Exit) Regulations 2020, SI 2020/1300
  • The Value Added Tax (Miscellaneous Amendments to Acts of Parliament) (EU Exit) Regulations 2020, SI 2020/1312
  • The Value Added Tax (Disclosure of Information Relating to VAT Registration) (Appointed Day) (EU Exit) Regulations 2020, SI 2020/1333
  • Direct taxes
    • More...
This content is no longer in use on TolleyGuidance
This content is no longer in use on TolleyGuidance
There’s no margin for error.
Think Tax.
Think Tolley.
TolleyGuidance gives you direct access to critical, comprehensive and up-to-date tax information and expertise you can rely on.
Take a free trial
Popular documents
LEXISNEXIS

Withholding tax

IntroductionUK tax must be withheld on UK payments including:•interest•royalties•rental incomeWithholding tax may be reduced under double tax treaties (DTT) or European directives, both of which may be subject to making a formal claim.This guidance note outlines the rules for UK withholding tax, and

LEXISNEXIS

Share for share exchange

This guidance note considers the capital gains tax implications where shares are sold in exchange for new shares.The consideration paid by a purchasing company to the shareholder(s) for their shares in a target company could be in the form of either:•new shares in the vendor in exchange for shares

LEXISNEXIS

VAT registration ― changing business details

This guidance note provides an overview of the steps businesses need to take if aspects of their business change, and as a result, they need to notify HMRC about the change.Changes to name and / or addressIf a business changes its name and / or its address then it is required to notify HMRC of the

LEXISNEXIS

What is input tax?

This guidance note provides an overview of what conditions need to be met before a business is entitled to treat VAT incurred as input tax. This note should be read in conjunction with the other notes in the ‘Claiming input tax’ subtopic. For a flowchart outlining the procedure for claiming input