If you are in the contracting industry or use a personal Service Company ( PSC ) , you will be aware of the impending new rules coming in the Private Sector and the changes from 6th April 2021, it is complex and the official guidance in places confusing, the tool CEST provided by the HMRC…
There were various points raised in the budget relating to the topic of Research and Development and the qualifying claims relating to it, and some misconception relating to the entitlement to this relief, mainly brought about by some so called specialist R & D Claim experts, so here below some information, hopefully will be useful…
Welcome to this special newswire. In this edition we focus on the Chancellor’s March Budget. Please contact us if you wish to discuss any matters in this newsletter in more detail. CHANCELLOR “LEVELS UP” WITH US ON TAX In the Chancellor’s second real Budget on 3 March 2021 he announced that he had to level…
BUSINESS NEWS Welcome to our round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you through these tough times. Yesterday, the Prime Minister Boris Johnson, outlined the government’s road map to…
BUSINESS NEWS A round up of the latest business and Covid-19 news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you through these tough times. THE ECONOMY This week we have seen some gloomy economic figures showing that the…
Two bits of relevant and UpToDate information which you may wish to look at, the first relates to the arrangements to Pay Deferred Vat relating to the period 20 March to 30 June 2020 and the second exemptions relating to the Exemptions relating to the Domestic Reverse Charge (DRC) coming into effect from the 1st March 2021. Deferred VAT payments…
Two pieces of additional information, the second will brief you of the procedure for dealing with the Vat deferral if you had opted at the time to take advantage by deferring the vat due for the quarter between March to June 2020.There are very generous provisions if you wish for more time to pay, please read this section…
From 1 January 2021 you need an EORI number to move goods between the UK and the EU. You can apply for your EORI number in advance. It can take up to a week to get one. You will not usually need an EORI number if you only: provide services move goods between Northern Ireland…
From 1 January 2021, you will need to make customs declarations when exporting goods to the EU. These rules currently apply to exporting goods to the rest of the world, including Switzerland, Norway, Iceland and Liechtenstein. You can make the declarations yourself or hire someone else such as a courier, freight forwarder or customs agent….
The process for importing goods from the EU has changed. Businesses in Great Britain need to complete the following actions to continue importing from EU countries from 1 January 2021. DECLARING GOODS FROM 1 JANUARY 2021 From 1 January 2021, you will make customs declarations when you import goods from the EU. These rules currently…