22 12 09 Cross-border VAT changes 2010

HMRC issued some important guidance regarding the changes in the place of supply of services rules which take effect from 1 January 2010.

> 18 8 10 NIC holiday
The Coalition government intends to introduce a scheme to help new businesses in targeted areas of the UK by allowing a reduction in employers’ national insurance (NIC).

> 17 8 10 New guidance for charities
Earlier this year a series of changes were made to the tax rules for charities and Community Amateur Sports Clubs (CASCs). Broadly, the rules are intended to offer UK tax reliefs to EU charities and also allow donations to EU charities to qualify under the Gift Aid scheme.
> 26 7 10 End of period of grace
HMRC concession, ESC B46, has become redundant and will come to an end on 31 March 2011. Any businesses filing a return late will have to show that they had a reasonable excuse for the delay in filing to avoid a penalty.

> 19 07 10 VAT - Postal Services changes and potential claims
Many Royal Mail Services are losing exemption and becoming standard-rated.
> 25 06 10 Capital Gains Tax changes
A new rate of Capital Gains Tax (CGT) of 28% will apply to gains arising on or after 23 June 2010.
> 25 06 10 Standard Rate of VAT to increase
It is proposed to increase the standard rate of VAT from 17.5% to 20% with effect for any supply made on or after 4 January 2011.
> 25 06 10 Maternity Rights for the self employed
It appears as though the self employed will become entitled to maternity leave for the first time under new laws introduced by the European Union (EU).
> 17 06 10 Dorset Business Awards 2010
Open for entry from Monday 21 June until Friday 17 September 2010
> 17 06 10 Taste of Dorset Awards 2010 Launched
We all love food and we live in an area where some of the country's finest food is produced - so let's celebrate it!
> 21 05 10 Capital Gains Tax Alert
With the formation of the Conservative/Lib Dem coalition, likely tax changes are becoming somewhat clearer and there will be an emergency Budget on 22 June 2010.
> 07 05 10 Online submission of employers forms
The employer’s annual returns P35 and P14 (P60) are due for submission to HMRC by 19 May 2010.
> 07 05 10 P11D deadline looming
The forms P11D, and where appropriate P9D, which report employees and directors benefits and expenses for the year ended 5 April 2010, are due for submission to HMRC by 6 July 2010. The process of gathering the necessary information can take some time, so it is important that this process is not left to the last minute.
> 07 05 10 Furnished holiday letting reprieve
Getting the Finance Bill 2010 passed between when it was published on 1 April 2010 and the dissolution of Parliament on 12 April was always set to be a heavy load in spite of the fact that there were only 73 clauses and supporting schedules.
> 07 05 10 Penalty guidance on late payment of PAYE
HMRC have been warning employers for some time that they may have to pay a penalty if they do not pay their PAYE deductions on time.
> 22 12 09 Cross-border VAT changes 2010
HMRC issued some important guidance regarding the changes in the place of supply of services rules which take effect from 1 January 2010.