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Child Benefit claims can now be made online

Child Benefit claims can now be made online

For the first time in the 47 years since Child Benefit was launched, new parents can claim their Child Benefit online in a significantly faster way than the previous process allowed, according to HMRC. The previous method – which had been in place since 1977 – was to...
VAT Input Tax – Regulation 111

VAT Input Tax – Regulation 111

How to treat Input Tax: Pre-registration, Pre-incorporation and Post-deregistration claims to Input Tax under Regulation 111 ? Background Only a person who is already registered for VAT can exercise the right to deduct input tax. However, there are certain...