Select Page

prime numbers

Financial news and updates for small business owners

Changes to VAT partial exemption

Changes to VAT partial exemption

HMRC has updated its guidance on the VAT partial exemption treatment relevant to businesses who supply goods by way of hire purchase agreements. A policy paper entitled Revenue and Customs Brief 8 (2020): change to partial exemption VAT treatment was

read more
Travel to EU after 1 January 2021

Travel to EU after 1 January 2021

A reminder, if one was needed, is that we seem to be heading for a no-deal Brexit from 1 January 2021. One of the issues we will all have to confront is the raft of regulation that we will need to observe from this date if travelling to the EU and

read more
Tax Diary September/October 2020

Tax Diary September/October 2020

1 September 2020 – Due date for Corporation Tax due for the year ended 30 November 2019.

19 September 2020 – PAYE and NIC deductions due for month ended 5 September 2020. (If you pay your tax electronically the due date is 22 September 2020)

19

read more
Did you benefit from the Eat Out campaign?

Did you benefit from the Eat Out campaign?

The Eat Out to Help Out scheme to encourage the struggling restaurant sector was announced as part of the Chancellor’s Summer Economic announcements. The scheme was designed to help restaurants recover from the effects of the lockdown and has been a

read more
Agent update August 2020

Agent update August 2020

HMRC has released the latest bi-monthly issue of the ‘Agent Update’ publication which includes summaries of recent changes and updates that have been announced. The document, that is aimed at taxation and accountancy practitioners, includes links to

read more
Eviction ban extended by 4 weeks

Eviction ban extended by 4 weeks

The government has announced a further four-week extension to the eviction ban for tenants affected by the Coronavirus pandemic. This means that landlords in England and Wales will be banned from evicting tenants until at least 20 September 2020.

read more
Teenagers to get access to Child Trust Funds

Teenagers to get access to Child Trust Funds

Children born after 31 August 2002 and before 3 January 2011 were entitled to a Child Trust Fund (CTF) account provided they met the necessary conditions. These funds were long-term saving accounts for newly born children. The first of these children

read more
Problems booking a driving test?

Problems booking a driving test?

The driving test online booking service reopened on Friday 21 August and then crashed due to the unexpected demand for places. By 8pm that evening the site had been visited seven million times.

In a recent announcement the Drivers and Vehicles

read more
Support clients with grant aid 

Support clients with grant aid 

At the end of July, the government announced £20m of new grant funding was to be allocated to Growth Hubs, specifically to help smaller businesses that have been negatively impacted by the COVID-19 pandemic to access much needed professional

read more

Factsheets

We also have a range of factsheets on different topics which you can browse and download.

Sign up to our regular newsletter with updates on business support, VAT, employee benefits, income tax and other accounting topics.