19-03-2021
If you are a medium or large business and hire contractors, are you prepared for the changes coming on April 6? If you regularly take on contract work, are you aware of the Status Determination Statements (SDS) and the steps you may need to take? Our joint webinar on Thursday 18 March with Glaisyers Solicitors, delved
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15-03-2021
The Spring Budget was delivered on 3 March 2021 as a 3-part plan, with the first and second parts focusing on COVID-19 support and recovery measures and the third part on furtherance of the Government’s green agenda. This article focuses on the COVID-19 support and recovery measures announced by the Chancellor. SPRING BUDGET - FIRST
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12-03-2021
The results of a survey (23 February 2021) by the Politics of the Environment and Climate Change lab (PECC) at Royal Holloway, University of London, show that 64% of UK adults support Boris Johnson’s plan to meet net-zero emissions targets. Of the 3000 people polled, nearly two-thirds are keen for a rapid expansion of the
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16-02-2021
The impact of the pandemic has been felt in many different ways. Some of the effects have been quite immediate, but now many businesses are starting to see how the events of the last year are affecting their annual business insurance rates as well. Before COVID-19 struck, there were already a number of factors adversely
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16-02-2021
Businesses looking to reward and retain staff members may wish to consider offering an electric vehicle (EV) salary sacrifice scheme. Not only are many EVs better for the environment, but they could also offer businesses considerable savings. Businesses can use employee salary sacrifice – similar to schemes offered for pension contributions, cycle to work schemes
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16-02-2021
A set of consultations on the future of Companies House published in December 2020 include proposals for mandatory digital filing, requirements to tag accountants digitally with IXBRL and shortening filing deadlines to three months for public companies and six months for private companies. The Department for Business and Industrial Strategy (BEIS) is also seeking feedback
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16-02-2021
Companies House will pause both the voluntary and compulsory strike-off processes for one month from 21 January until 21 February to support businesses affected by COVID-19, it has been announced. The extended measure comes in response to delays to the system caused by the third national lockdown. In a notice to customers, Companies House said
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16-02-2021
Due to the ongoing restrictions of the Government’s Coronavirus response, millions of UK workers continue to work from home. Many may not be aware that they can claim tax relief for additional household costs if they are working from home regularly, either for all or part of the week because of the pandemic. This tax
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16-02-2021
Register for our free IR35 webinar on Thursday 18 March here. Large and medium-sized businesses now just have a couple of months left to prepare for the changes to the off-payroll working rules (IR35). From 6 April 2021, in most cases, the engager (employer) will be responsible for deciding IR35. If caught inside IR35, then
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16-02-2021
From 1 March 2021, businesses within the Construction Industry Scheme (CIS) must record, report and pay VAT under the new VAT domestic reverse charge rules. This change affects both contractors and subcontractors and the supply of certain kinds of construction services in the UK. Under the new rules, VAT registered subcontractors who provide a service
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16-02-2021
Due to a mismatch of earnings thresholds, basic rate taxpayers may unexpectedly come under the scope of the High Income Child Benefit Charge in April. The Low Incomes Tax Reform Group (LITRG) has issued a warning to families that they may be subject to a tax charge when claiming Child Benefit due to a discrepancy
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12-02-2021
Since 1 January 2021, we have been dealing with many client enquiries involving the post-Brexit VAT arrangements, both for UK businesses importing goods from the EU, and EU businesses selling goods to UK customers. Import VAT From 1 January, goods imported from the EU into Great Britain are subject to import VAT and customs declarations.
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