With the new tax year ushering in and the pandemic still at large employers and business people are all in a classic catch-22 as they wonder what the new tax year will bring. However, the government still stays supportive as the extension of furlo...
April 13, 2021
The year 2021 though off to a rocky start thanks to the persistence of COVID-19 still retains some semblance of hope. Business owners have shown a resilience and touch of bravery that has helped keep the economy from crash landing. In the current ...
February 15, 2021
Steps to be considered if you hold an invalid VAT invoice
To claim input tax, VAT registered businesses in the UK have to furnish valid VAT invoices as evidence. All VAT registered businesses in UK must issue a valid VAT...
February 12, 2021
New rules were expected at the end of the Brexit transition period. And the same are clear now. Till Dec 2020 tax relief was there on import VAT if the amount was under £15. This was known as LVCR - Low-Value Consignment Relief. No import VA...
February 09, 2021
With the self-assessment online deadline moving ever closer the panic amongst people is increasing. However, it isn’t just the deadline that people should fear as criminals are trying to reap the benefit of this paranoia to get customers to ...
February 06, 2021