New reduced rate of VAT for tourism and hospitality now in force
Posted on October 6, 2021 Posted in - Blog, Tourism
A new reduced rate of VAT for the hospitality and tourism sector is now in force, it has been confirmed.
Category: Blog
Workers claiming Working Tax Credit urged to update their hours
Posted on October 6, 2021 Posted in - Blog, Business, Business Advice, Business Blog, Business News, Covid-19 - Businesses, Covid-19 Employment, Employment, Employment and payroll, HMRC, Latest Business News, Latest News, News
Workers in receipt of Working Tax Credit (WTC), have been urged to check if they need to update their working hours. Read more…
October: the last month to handle CJRS claims
Posted on October 5, 2021 Posted in - Blog, Covid-19, Covid-19 Job Retention Scheme & Furloughing, Employees, Employment, Employment and payroll, Job Retention, Job Retention Scheme & Furloughing, PAYE, Payroll
As the Coronavirus Job Retention Scheme (CJRS), otherwise known as the furlough scheme, ended on 30 September 2021, October marks the last month in which employers will need to handle the related claims. Read more…
Transitionary rate of VAT for hospitality comes into force
Posted on October 1, 2021 Posted in - Blog, Tax, Tax Blog, VAT
The temporary reduced rate of VAT for hospitality has increased to a transitionary rate from today, 01 October 2021. Read more…
Self-Employment Income Support Scheme: last chance to claim fifth grant
Posted on September 30, 2021 Posted in - Blog, Business, Business Advice, Business Blog, Business News, Grants, Latest Business News, Latest News, News, self-employed
Today, 30 September 2021, is the last day self-employed workers can apply for the fifth and final Self Employment Income Support Scheme (SEISS) grant.
Do I need to rethink my IR35 strategy while there is a shortage of lorry drivers?
Posted on September 30, 2021 Posted in - Blog, Brexit, Business, Business Blog, Business News, Latest Business News, Latest News, News, Payroll
Due to Brexit, driver retirement and the enforced IR35 reform, there is now a shortage of Heavy Goods Vehicle (HGV) drivers in the UK – around 100,000, according to some estimates.
Buoyant firms return £1.3 billion furlough cash to Treasury
Posted on September 28, 2021 Posted in - Accountancy, Accounting, Blog, Covid-19 Employment, Covid-19 Job Retention Scheme & Furloughing, Employees, Employment, Employment and payroll, Job Retention, Job Retention Scheme & Furloughing
The Coronavirus Job Retention Scheme (CJRS), or furlough, closes at the end of September and has benefited millions of workers during the COVID-19 pandemic. Read more…
MTD for Income Tax delayed until April 2024, HMRC confirms
Posted on September 24, 2021 Posted in - Accountancy, Accounting, Blog, Business, Business Advice, Business Blog, Business News, HMRC, Income Tax, Making Tax Digital, MTD, Tax, Tax Blog, Tax News, VAT and MTD
Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. Read more…
Small developers invited to apply for up to £10 million in equity funding
Posted on September 23, 2021 Posted in - Blog, Business, Business Advice, Business Blog, Business News, Finance, Government Funding, Latest Business News, Latest News, News, Property, Property News
Small and medium-sized developers have been invited to apply for up to £10 million in equity funding to build new homes.
Reinsurance Scheme launches today to support tourism and hospitality sector
Posted on September 22, 2021 Posted in - Blog, Latest Business News, Latest News, leisure and hospitality, News, Tourism
A new scheme will help tourism and hospitality businesses reopen “with confidence”, the Government has announced.