HMRC states that a company director MUST complete a tax return but does this requirement have a basis in law? The relevant legislation in the form of Taxes Management Act 1970 (TMA) s7 states that it is mandatory for a company director to file a tax return IF a return HAS been issued and IF … Continue reading
Effective 01 January 2015: If you are based in the UK and supply digital services such as e-books and software to consumers in the EU, VAT will be payable in the consumer’s country, not in the UK, and it will be charged at the rate that applies in the consumer’s country. To fulfil your obligations, … Continue reading