Domestic Reverse Charge - What's that? Any CIS (Construction Industry Scheme) Contractor or Subcontractor who is also VAT registered should read our more comprehensive page covering Domestic Reverse Charge. The regulations governing this start ... [Continue Reading]
ReceiptBank
Save time and money with ReceiptBank One of the major time savers for businesses has been the ability to extract information from invoices and receipts, automatically feed the data into software - and save a copy of the document. We recommend ... [Continue Reading]
Import_export
Goods to and from abroad HMRC has produced some short videos about sending goods overseas and receiving goods from overseas. This is only a quick summary so, if you need to discuss these further, feel free to contact us. Sending goods ... [Continue Reading]
Goodbye 2020
Goodbye 2020 A great big thanks to all of the great staff here who have continued to provide a brilliant service to our clients, despite coronavirus. It has been a different (and difficult) year for virtually every ... [Continue Reading]
SEISS Grant info
Claims for the third SEISS (Self-Employed Income Support Scheme) grant can be made from 30 November. Submission time You can submit your claim via the existing HMRC SEISS website. As before, you must submit your claim personally. Accountants or ... [Continue Reading]
Covid 19 – some guidance
Can a member of staff work while self-isolating? Provided the employee is well enough to work from home, you can ask them to do so. You cannot ask a member of staff who is following the guidance and self-isolating, to come into work. It is an ... [Continue Reading]
JOB SUPPORT SCHEME -REVISED
The Job Support Scheme (JSS) has changed considerably from the original announcement, Since it comes into force on 1 November, employers have to make some decisions quickly. Rishi Sunak, the Chancellor of the Exchequer, announced new changes a few ... [Continue Reading]
Job Support Scheme – First Thoughts
Information on the Job Support Scheme is sketchy to say the least. The scheme was only announced yesterday and the Factsheet issued by HMRC shortly afterwards is relatively short (four pages). It refers to further guidance to follow. If you want ... [Continue Reading]
Receipt Bank
Receipt Bank is a facility we provide to our clients - to help them improve profitability. A quick way to improve small business profitability. Ask yourself these questions - then read on, or contact us. Improve accuracy, reduce time and make ... [Continue Reading]
VAT Rate Reduction
VAT on sales is being reduced for hospitality, hotel and accommodation and attractions businesses. The reduction is substantial – down to 5%. It is effective from Wednesday – 15 July – and will last until 12 January 2021. Both these dates are in the ... [Continue Reading]
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