Articles/News
As a business owner, you juggle many roles and when there are urgent business tasks to do, spending time with your accountants may not be your number one priority. However, if you’re not regularly talking to your tax advisor/accountant and getting tax planning advice from them, then there...
August 31, 2020
The businesses that rely on social contact are greatly affected due to Covid 19. The forced closures due to the pandemic had a huge impact on certain businesses like hospitality industry. To help them recover temporary reduced VAT Rate is introduced i.e. 5% VAT will be charged on some items that are standard rated.
August 28, 2020
A question post Brexit has been in minds of all those who import goods from outside UK. The Transition period ends on 1 January 2021 and from then new VAT rules will be applicable on import. What changes will be there on import VAT from 2021?
There will be certain major changes
- We charge Zero VAT to a registered EU business. That will now b...
August 27, 2020
The Covid 19 pandemic has taken the world by storm. As socialising has dipped with a call instead for social distancing, workplaces have found themselves struggling to embrace a new work culture. Work from home is now a necessity as employers strive to reduce potential risks of infection by reducing the thrust to work in an office environment.
While keeping a firm...
August 22, 2020
The COVID-19 pandemic has forced many countries to impose lockdown. Many businesses have closed offices and asked their employees to work from home. As a result working from home is no more a novelty now. However, for many employees and employers this new trend has brought additional expenses and arrangements to make. Therefore, the UK government along with other reliefs ha...
August 12, 2020