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
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
Covid-19 has taken most businesses for an unpleasant toss but now with the lockdown opening there is really nothing much we can do aside from safe practices and trying to pick up the pieces. There is an obvious risk in re-starting or in even running a business during this pandemic, however, it isn’t possible to simply lock the door and throw away the key for more reas...
August 10, 2020