Bounce Back Loans

The Bounce Back Loan (“BBL”) scheme was introduced last year with the idea to help small businesses who would be struggling due to coronavirus.  So far over a million loans have been issued, and the government has recently announced some changes. BBL’s are 100%...

VAT Construction Reverse Charge

THE NEW VAT RULES FOR CONSTRUCTION SECTOR START ON 1 MARCH 2021 The new rules are called “the domestic reverse charge for supplies of building and construction services” and will impact on accounting for VAT for transactions in the construction sector. These new VAT...