Articles/News
The extension to the Furlough scheme (under the Coronavirus Job Retention Scheme / CJRS) has been received with mixed feelings of relief as well as frustration. The government’s stance has been hailed to be as ambiguous as ever for hadn&rsqu...
December 09, 2020
The disturbance created by this pandemic has been very challenging for all the businesses. And it’s crystal clear that associated problems with Covid-19 will be there for longer than expected. By taking appropriate action to support your cli...
December 07, 2020
Brexit was definitely going the affect VAT accounting. Probably there is no extension and the transition period will end on 31st December 2020. From 1 January 2021 we need to account for VAT as per the new guidance. Now the simplified rules will n...
December 04, 2020
The pandemic has caused large-scale loss of lives and severe human suffering worldwide. It is the largest public health crisis in the living memory of mankind, which has also created a major economic catastrophe. Production was at halt which affec...
December 02, 2020
Certain businesses have different VAT rates to take into account which demands more carefulness compared to those having a single VAT applicable. Building projects can have various VAT rates leading to complicated VAT calculations. As a result of ...
November 30, 2020
Winter has finally arrived and with it the fear of a fresh or second wave of infections all thanks to the coronavirus pandemic. With businesses in a virtual shut down mode due to the lockdown and sales pummeling it appears that the only thing busi...
November 27, 2020
There have been many changes that the government has been forced to make in light of the Covid 19 pandemic. In fact, the severity and the infectiousness has been disarming as one can see by the frequently changing government policy. On one hand th...
November 25, 2020
What do you mean by SEISS?
UK Government has supported self-employed because of the impact of pandemic Coronavirus on their business with a scheme known as Self-Employment Income Support Scheme (SEISS).
Due to ...
November 23, 2020
Discover the advantages of filing your Self-Assessment Tax Returns early in the UK. Beat the deadline stress, avoid penalties, and gain peace of mind. Learn how timely tax filing can optimize your financial planning and ensure compliance effortles...
November 17, 2020
Covid 19 has undoubtedly proven that despite our living in the 21st century with all our access to medical facilities and technology; it can simply take one virus to turn everything on its head. However, perhaps it was because of that same technol...
November 13, 2020