The following is a high level overview as the origin rules are detailed and complex, therefore, specific advice should be taken, as the circumstances for each business and the goods […]
It went down to the wire, but the culmination of the intense negotiations between the UK and EU is that we now have a Trade and Cooperation Agreement (TCA). This […]
HMRC published much awaited guidance just before Christmas, on transitional rules for certain transactions and movements of goods. Note that this guidance was published before the trade deal agreed with […]
The pandemic has meant almost every business is facing its own specific challenges. Although the news of high-profile corporate insolvencies may be the focus of the headlines, small and medium […]
The Chancellor of the Exchequer has issued a financial package targeted at those who derive the majority of their income from self-employment who are facing hardship due to the Covid-19 […]
The Annual Investment Allowance (AIA) gives businesses the opportunity to claim 100% capital allowances in the year of expenditure on qualifying capital assets. £1 million annual investment allowance extended to […]
Previous rules Patent box relief enables companies to claim an effective 10% rate on patent/IP related profits as opposed to 19% based on current corporate tax rates. Under the previous […]
The 12th November 2020 Financial Times headline reads: ‘Overhaul of UK Capital Gains Tax (CGT) urged in review’ following the release of the Office for Tax Simplification’s report into CGT […]
Ed Hussey – People Solutions DirectorDD: +44 (0)1784 497105 Andrew Brookes – Employer Solutions SpecialistDD: +44 (0)1252 541244 EXTENDED JOB RETENTION SCHEME – 1 NOVEMBER 2020 – 30 April 2021 […]
VAT payments totalling £30billion were deferred between March and June 2020 and are due for payment before 31 March 2021. What if you can’t pay your deferred VAT? HMRC are […]
This Transition Toolkit has been designed to highlight many of the areas that need to be addressed by businesses. Some risks will be more important to one business than another, […]
If you find in this time of uncertainty that you are unable to pay your self assessment income tax liability, there is help at hand. If you have already missed […]
With less than 2 months left to go until the end of the Brexit transition period, UK businesses are still largely in the dark about trading conditions from 1 January […]
UPDATED 05 November 2020: Andrew Brookes – Employment Tax SpecialistDD: +44 (0)1252 541244 In line with the second national lockdown announced by the Prime Minister, the Furlough Scheme is being […]