CK News

Partner Fran Clapham welcomes a baby boy! We are thrilled to announce that Fran Clapham has welcomed a baby boy, James Matthew, to her family. Fran and Matt would like to thank everyone for their kind words. CK’s team expands! CK’s team has expanded over...

Just one click? Your Business Tax Account

Think of it as the portal to HMRC’s online services. Many businesses will already have made use of their Business Tax Account (BTA), for example in connection with Making Tax Digital for VAT. But they may not have explored all the services on offer, and HMRC is...

Claiming capital allowances

Businesses and owners of commercial property planning major capital purchases, take note. The temporary increase to the Annual Investment Allowance (AIA) limit is set to continue for another year. The AIA limit rose to £1 million two years ago, and was due to revert...

Construction: level playing field

New measures tackle VAT fraud in construction and abuse of the Construction Industry Scheme (CIS) rules. From 1 March 2021, the VAT domestic reverse charge for supplies of building and construction services changes the way VAT is accounted for in some scenarios. It...

Corporation tax to go digital

Making Tax Digital. It’s at the heart of the government’s vision of a modern, transformed tax administration. With a consultation now running, Making Tax Digital (MTD) for corporation tax is on its way. MTD: at a glance For the government, MTD for...

Deferred VAT payments: what now?

What are the options if you took up the government’s offer to defer VAT payments between 20 March 2020 and 30 June 2020, and still need to pay? The first option is to settle the liability, in full, on or before 31 March 2021, and HMRC has reminded taxpayers...