VAT Import Duty
HMRC has automatically registered many businesses to use Read more..
The Chancellor, Rishi Sunak continued with his campaign to Read more..
Tax Credits updates required this month
Families and individuals that receive tax credits should Read more..
Reminder of businesses opening since 4 July 2020
A reminder that since 4 July 2020, many business sectors Read more..
Reminder of businesses not opening 4 July 2020
There are business sectors that have not yet been given Read more..
UK VAT claims by non EU businesses
There are special rules for businesses established outside Read more..
Finance Bill 2020 progress
The government’s Finance Bill 2020 (formally known as Read more..
SEISS further update
HM Treasury has published a further Treasury Direction made Read more..
Corporate Insolvency and Governance Bill receives Royal Assent
The Corporate Insolvency and Governance Act 2020 (the Act) Read more..
Reclaiming VAT after deregistration
Businesses can close a VAT registration for two main Read more..
Redundancy process map
Acas has published a process map for employers who are Read more..
The new reality
It may be some time before we could state with some Read more..
What is working capital?
Accountants would say that working capital is the difference Read more..
Updated HM Treasury instructions re: CJRS
On 26 June 2020, the Chancellor, Rishi Sunak made a further Read more..
Government support for pubs, cafes and restaurants
The government has confirmed a further easing of lockdown as Read more..
Financial help for debt advisers
The government has announced that an extra £37.8 Read more..
Reporting Capital Gains on residential property
The Capital Gains Tax (CGT) reporting and payment date for Read more..
Vehicle MOT dates
The government has announced that mandatory MOT tests for Read more..
Trusts and CGT
A trust is an obligation that binds a trustee, an individual Read more..
IHT exemption for gifts out of income
It is possible for wealthier taxpayers to take advantage of Read more..
Stock valued at net realisable value
One of the acceptable methods to value stock is at the lower Read more..
Shielding measures to be relaxed in England from 1 August 2020
From 1 August 2020 onwards, it is intended that the Read more..
What are debits and credits?
You may have come across the terms debit and credit and Read more..
Literally, the word depreciation means a reduction in the Read more..
Tax Diary July/August 2020
1 July 2020 - Due date for Corporation Tax due for the year Read more..