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14.08.2020
MAKING TAX DIGITAL FOR INCOME TAX
Keeping business records digitally and submitting under Making Tax Digital (MTD) rules using MTD compliant software has been in place for VAT since April 2019. The timescale for submitting...
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24.07.2020
SUMMER BUDGET 2020 – VAT REDUCTION
Further announcements in the Summer Budget 2020 was the reduction of VAT for certain sectors. From 15 July until 12 January 2021, VAT is to be reduced from 20%...
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23.07.2020
SUMMER 2020 BUDGET – EMPLOYMENT TAXES
In the recent Summer Budget, the Chancellor announced the introduction of various measures aimed at helping businesses. Job Retention Bonus If you are an employer that has been claiming...
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01.07.2020
CORONAVIRUS JOB RETENTION SCHEME – FLEXIBLE FURLOUGH FROM 1 JULY
The Coronavirus Job Retention Scheme (CJRS) can become more flexible from 1 July meaning that employees can be brought back to work part time and furloughed for the remainder...
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09.06.2020
DELAY TO VAT REVERSE CHARGE ON CONSTRUCTION SERVICES
HMRC have announced that due to the impact of COVID-19, the introduction of the domestic reverse charge for the construction sector and the VAT change will not now be...
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05.06.2020
FIRST FURLOUGH SCHEME TO COME TO END. ACT NOW!
The first furlough scheme comes to an end on 30th June 2020. It will be followed by a second furlough scheme, with more details being announced soon, As the...
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