Government will only reimburse up to 80% of the monthly wage of car dealership employees if their jobs have been put “at risk” by the current COVID-19 coronavirus outbreak.
MHA MacIntyre Hudson has published a free report paper aiming to address car dealers’ immediate need for proactive business continuity planning as the impact of COVID-19 coronavirus begins to be felt.
Car dealers have until next month to forge digital links to the HMRC’s VAT returns systems as the Making Tax Digital (MTD) enters the next phase of its roll-out to UK businesses.
For years there have been prophecies of doom for franchised new car dealers.
MHA MacIntyre Hudson’s Motor Specialist Team has seen a significant rise in HMRC enquiries at both franchised dealers and car supermarkets.
In the second of our series of updates on the taxation of electric vehicles (EVs) from MHA MacIntyre Hudson, leading adviser to the UK Motor Sector, Nigel Morris, employment tax director considers how wider regulation impacts tax policy and further influences the aim to increase the use of low emission vehicles.
With the April 1 deadline for the introduction of the HMRC's Making Tax Digital (MTD) platform for VAT now upon us, Alison Horner, partner and head of VAT at MHA MacIntyre Hudson, gives her top tips on how to survive the new system.
The HMRC has announced a policy change in the VAT treatment of PCP vehicle sales which is likely to have a major impact on the future of the car retail market.
Accountancy firm MHA MacIntyre Hudson will refer its motor sector clients and network to Cazana for vehicle valuation services.
Industry bodies have responded to Budget 2018 measures announced yesterday by the Chancellor of the Exchequer.
HM Revenue & Customs (HMRC) decides dealer deposit contributions are not subject to VAT and invites claims to recover overpaid output tax.
Tax reforms aiming to bring the self-employed in-line with full-time employees and renewed investment roads infrastructure have been announced in the Spring Budget 2017.
The forthcoming budget is likely to see major changes to the ability of dealers to sell vehicles to disabled customers VAT-free.
Car dealerships have been warned to “exercise caution” when making plans to accommodate the new National Living Wage rate of £7.20-an-hour which it comes into force tomorrow.
Dealers stand to benefit from a variety of business-focused measures in the Budget.
The proposed legislation specifically distinguishes repair works when they are performed under a contract of insurance.
Activity relating to the VAT treatment of dealer deposits and a possibility some dealers have declared too much VAT has led HMRC to review dealer incentives.
The revised rules on calculating employees’ annual benefit in kind (BIK) charge came about against a back cloth of suspicion that employees were obtaining an unfair tax advantage
The employment tax rules are being significantly changed from April 2016
Talking to finance directors it is of significant concern that should their company be named and shamed their position in the company may be at risk.
