Anna’s Accountancy Alerts – Week 25 (20th – 26 September 2021)

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Resolving HMRC disputes

Alternative dispute resolution (ADR) usually involves less preparation and thus lower costs compared with a tribunal. It’s also a much quicker and less rigid process which allows you more opportunity to argue your case. You can now hedge your bets by entering into ADR even if you’ve appealed to the tribunal.

Reclaiming VAT on staff homeworking allowances

You can reclaim VAT on expenses incurred by your employees for creating a home workspace. You must have the original receipts and invoices to show that VAT has been paid. Ask your employees to attach them to an expenses claim. If there’s any private use of the home office, you might need to account for VAT on this.

Off-payroll workers + statutory pay

If you work through your own company or other intermediary and your clients deduct tax and NI under the off-payroll rules, it might entitle you to statutory payments such as sick pay. Refer to HMRC’s new guidance on how to calculate this.

Basic principles: off-payroll working

Off-payroll working

Stay Up-To-Date With Coronavirus & Brexit News

Coronavirus has affected us all. Whether you’re a sole trader, employer or employee. Stay up to date with the latest news – including government support, tax implications, and more.