The report, which was an ‘own initiative’ report, was based on the evidential findings from a survey and meetings with over 450 contributors.
The main findings were:
In early 2022, HMRC visited 30 businesses including shops, takeaways, and restaurants across nine counties to tackle ESS.
We have previously looked at some of the tax benefits available when employers provide their employees with electric company cars, instead of traditional petrol or diesel powered vehicles.
The issue arises due to the interaction of the collection date of the variable direct debit with the deadline for making electronic payment, which is the 22nd of the next tax month for monthly file
In their consultation response, BEIS confirm that the Government will introduce legislation to:
We have shared the original message we received from HMRC regarding this change below.
What is the purpose of the register?
The Department for Business, Energy, and Industrial Strategy (BEIS) has created guidance for those who may be conducting verification on behalf of an overseas entity.
HMRC have bolstered their ‘Standard for Agents’ setting out what expectations it has of tax agents in their dealings with HMRC.
