Business as usual – we’re operating remotely once again. During this time, please may we ask you visit the office for scheduled record drop off only.

DRC (Domestic Reverse Charge) VAT scheme started, update your Xero tax codes now

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,…

UK Making Tax Digital (MTD) phase 2

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…

VAT Construction reverse charge

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…

Pay VAT deferred due to coronavirus (COVID-19)

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…

Covid-19 – Winter Economy Plan

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…

VAT FLAT RATE SCHEME 

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…

C19 BUSINESS NEWS UPDATE

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…

C19 BUSINESS NEWS UPDATE

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…

C19 BUSINESS NEWS UPDATE

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…

Deferring VAT payment

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…