Winter Economy Plan

In lieu of an Autumn Budget, the Chancellor recently announced his “Winter Economy Plan” which included further measures to protect jobs and the economy as it seems lockdown measures will be continuing for some time. Here is a recap of the main points. Job Support...

Tax News August 2020

As lockdown continues to ease over most of the country, we thought we would bring you up to speed with all things tax. VAT deferral scheme The VAT payments deferral scheme came to an end on 30 June 2020.  If you were one of the VAT registered businesses that deferred...

Coronavirus Update – 24th March 2020

Yesterday the government announced new strict rules – the country has now gone into lockdown. To summarise, you can only leave your house for the following reasons : To visit a supermarket or chemist To undertake one form of exercise a day, alone or with members...

COVID-19/Coronavirus – Advice for Businesses 18 March 2020

At the time of writing, the advice and information from the HM Government is changing on a daily basis. However, the latest announcements relating to financial help to businesses will hopefully provide some comfort to everyone. Helpline HMRC now have a dedicated...

IT’S CHRIIIISTMASSSSS!

Silly Season is just around the corner, and I’m sure you all have your Christmas parties or events in the diary for the coming weeks.  So now is the perfect time to remind you all about the rules that HMRC impose to slightly dampen your spirits. 1. Parties   No tax...

Construction Industry – VAT Domestic Reverse Charge

IMPORTANT INFORMATION FOR BUSINESSES WORKING IN THE CONSTRUCTION SECTOR The introduction of the Domestic Reverse Charge (“DRC”) for construction services has been delayed until April 2021, and we want to make sure all our clients are ready for the changes as there...