News

Simplified export declarations

Following the end of the Brexit transition period, businesses need to make customs declarations when

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Added protection for pension savers

The new Pensions Scheme Act received Royal Assent on 11 February 2021. The Act covers a number of

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Marriage Allowance tax break

If you are entitled to the marriage allowance and have not yet applied, then you could receive a payment

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Post-Brexit review of workers’ rights cancelled

In an apparent U-turn, the Business Secretary has confirmed during a television interview that a proposed

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Financial outcomes for your business

There are three possible financial outcomes for your business, each with their own challenges:

Make a

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How much do your customers owe you?

Many business owners are buoyed by turnover; if it’s sold it’s as good as money in the bank, but is

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Present criteria for claiming via the furlough scheme

The detailed Furlough Scheme rules were last updated 4 February 2021.

People who are unable to work can

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VAT and overseas goods sold to customers in the UK

Following the end of the Brexit transition period, new rules on tax and duty now apply on goods sent to

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Bounce Back Loans scheme changes

The Bounce Back Loans scheme was launched in May 2020 to provide financial support to businesses across

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Self-Employment Income Support Scheme

Claims for the third Self-Employed Income Support Scheme (SEISS) grant closed on 29 January 2021. Under

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Accounting for import VAT on your VAT return

Following the end of the transition period, businesses registered for VAT can account for import VAT on

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Why keeping adequate accounting records is important

A recent investigation by the Insolvency Service resulted in the sole director of a Leicester clothing

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