The Chancellor has announced the Spring 2021 Budget this afternoon. We have compiled a summary of some of the most important topics below. Job Retention Scheme (Furlough) The Job Retention Scheme has been extended up to 30th September 2021. Furloughed employees will continue to receive 80%of their usual pay for the duration of the scheme. Up […]
As you may be aware, there are big changes coming into force from 6th April 2021 regarding IR35 (off-payroll working). We have explained the changes in this email, to help you understand whether you may be affected. Background In the past, many people set up their own personal service companies to trade through, instead […]
BUSINESS NEWS Welcome to our round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you through these tough times. WHAT CAN WE EXPECT IN THE BUDGET? The Budget will be on 3 […]
BUSINESS NEWS Welcome to our round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you through these tough times. A cautious release from the lockdown Yesterday, the Prime Minister Boris Johnson, outlined […]
BUSINESS NEWS A round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you through these tough times. THE ECONOMY This week we have seen some gloomy economic figures showing that the UK […]
Vat Deferral Scheme – Service Now Open VAT registered businesses and individuals who took advantage of deferring their VAT payment that fell within the period March – June 2020 can now apply to spread this deferred VAT over a maximum of 11 months, interest free (in equal consecutive instalments, from March 2021). You will need […]
Brexit Information As we are sure you are all aware, the UK is scheduled to officially leave the EU next week, and this will bring with it new rules for trade, travel and living in the UK. We have outlined some information regarding this transition below, for your information; Travel If you are travelling to the […]
New VAT Reverse Charge As you may be aware HMRC have brought in domestic reverse charge rules for supplies of building and construction services, which are to be applied from 1 March 2021. You should consider these rules and apply where necessary if you supply or buy the following services: constructing, altering, repairing, extending, demolishing […]
