Newsletter for the month of Febraury - IBISS&CO

HMRC extends the self-assessment tax deadline. What does it mean for filers? 

HMRC has extended the self-assessment deadline by a month to February 28. However, filers were still asked to pay taxes by January 31. 

Find out what to do next if you have overpaid or underpaid the tax amount. 

Also, if you need help with self-assessment, reach out to our experts for a 15-minute Free Call. 

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The new deadline for self-assessment and tax frauds: How to save yourself from scammers? 

As the deadline for submitting self-assessment tax returns has been extended, HM Revenue & Customs (HMRC) have noticed a drastic rise in tax scam activities.

The scammers disguise themselves as HMRC officials and ask self-assessment customers to share financial and personal details for tax rebates and tax refunds. To find out how you can identify a tax scammer, click on the link below:

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Post Brexit: How new regulations will affect businesses and customers?

Businesses in the UK are facing quite a challenge. 

Find out more about new rules and regulations and how they will affect businesses and customers in the UK. 

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What are the new changes to Import VAT from January 2021?

If you are one of those businessmen who are active importers of goods from the UK, then you need to be aware that from 2021 onwards, the government has made subsequent changes to import VAT rules.

At IBISS&CO, our experts can help your business deal with VAT matters through our portfolio of services covering VAT registration, planning, and returns.

Reach out to us for a 15-Minute Free Call on VAT matters, 

Changes to Import VAT