Brent Goodwin, Author at Newby Castleman

1st September 20268th September 2026

Great British Summer Savings VAT discount ends

< 1 minute to readThe Great British Summer Savings VAT discount scheme ends tomorrow. To avoid problems with VAT returns, businesses that took part need to make sure that till systems revert to 20% at midnight on Tuesday 1 September. The government started this initiative at the end of June to help families with the cost of living over …

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26th May 202626th May 2026

May 26: rate changes for motorists, hauliers & farmers

2 minutes to readAs part of a package of new benefits to help with the cost of living, the following measures support individuals and businesses most exposed to rising fuel costs. All drivers The 5p fuel duty freeze to continue until the end of 2026, instead of phasing it out in September. This covers petrol and diesel, and …

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27th April 202627th April 2026

VAT – Changes to your business?

2 minutes to readHMRC has recently updated its VAT information pack – HMRC VAT Notice 700/11. This contains some useful links and guidance on VAT registration as a whole, and also the criteria that should be considered when you cancel your registration. Are there changes to your business that require you to update your VAT registration? In a …

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21st October 20254th November 2025

Making Tax Digital for Income Tax exclusions – apply now

3 minutes to readHMRC is now accepting applications for exemption from Making Tax Digital for Income Tax (MTD for IT) if you qualify as ‘digitally excluded’. To be exempt on the grounds of digital exclusion, an application has to be made to HMRC and approved by them. What is digital exclusion? Looking at HMRC’s definition and the current …

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