VAT On Services: HMRC Gives Clarity
Regular readers of this blog, or those who are closely following the communications of the HMRC, will be aware that there has been a lot of uncertainty around how one might account for VAT on services after Brexit. Whilst we did a previous article that speculated how...
Working From Home Tax Relief
In October of last year, the government introduced a new tax relief scheme for those who were being forced to work at home due to the coronavirus in the hope of alleviating some of the added financial costs the individual would incur on their bills (electricity and...
Preparing your business for the new 2020/21 tax year
As the current tax year draws to an end, self-employed businesses need to start planning for the new tax year. This guide will explain when the current tax year-ends and when the new tax year begins, as well as a year-end tax planning checklist. In this article, we...
Making Tax Digital: What changes are happening in 2020?
It’s now 2020, and after the introduction of Making Tax Digital last year, your business has probably had time to relax and adjust to the changes that MTD has brought… …We’re sorry to break it to you – but there are more changes yet to come. If your...
