Posted in VAT
March 2nd, 2021
As the new DRC VAT scheme started yesterday, any clients on Xero that fall under the reverse charge for CIS ruling will need to update their tax codes on Xero,…
Posted in VAT
February 23rd, 2021
From 1 April 2021, over 1 million UK VAT registered businesses face new MTD obligations, with penalties threated for the first time. The changes only apply to UK VAT registered…
Posted in VAT
February 2nd, 2021
THE NEW VAT RULES FOR CONSTRUCTION SECTOR START ON 1 MARCH 2021 New VAT rules are due to come into effect this March which will impact on accounting for VAT…
Posted in VAT
January 26th, 2021
The guidance on how to pay VAT payments deferred between 20 March and 30 June 2020 has been updated with an added section on ‘Correcting errors on your VAT returns…
Posted in COVID-19, PAYE, Payroll, Tax, VAT
September 25th, 2020
On 24th September, Rishi Sunak unveiled the goverment’s plan to support businesses and protect jobs over the coming months. It will be several days before the full details become clear…
Posted in VAT
July 15th, 2020
VAT FLAT RATE SCHEME New flat rate percentages from 15 July until 12 January have been announced, which include: Catering 4.5% Pubs 1% Hotels and accommodation 0% See: https://www.gov.uk/vat-flat-rate-scheme/how-much-you-pay…
Posted in COVID-19, PAYE, Tax, VAT
June 17th, 2020
As the Pandemic continues the Government continually updates its business guidance so take some time to check this newsletter for anything that affects your business One essential reminder in this…
Posted in COVID-19, PAYE, Payroll, Tax, VAT
June 12th, 2020
Today we catch up with the launch of the Local Authority Discretionary grant funds in England and how you can watch videos and register for the free Government webinars to…
Posted in COVID-19, PAYE, Tax, VAT
June 5th, 2020
We have seen a lot of business-related activity from the Government over the last couple of days and below is a summary of what has happened and where to see…
Posted in COVID-19, VAT
March 27th, 2020
Further to the government announcement earlier this week regarding deferring VAT Payments for the quarter. We would like to advise that if you pay this by Direct Debit, this will…
