IR35 changes The changes that are coming into force are confirmed as going ahead on the 6 April 2021 Andrew Brookes, senior manager, said: “Those businesses that have not yet reviewed […]
Distinguish the signs of financial distress Usually when a business is in financial distress, it experiences a decrease in revenue and difficulties with paying creditors, which could be more prevalent […]
Given this is the first post-Brexit budget, the Chancellor should use the Government’s Brexit freedoms to make changes to support businesses in the hard-hit transport & logistics sector on the […]
As Chancellor Rishi Sunak’s hands are no longer tied by EU state aid rules, he must use the Government’s Brexit freedoms to make fiscal changes aimed at promoting recovery, support […]
We have covered below the most common questions we received in connection with IR35 and the changes coming into play from April 2021 and have provided generic answers that will […]
Covid-19 has brought about many challenges, few managers would disagree. It is extremely difficult for credit managers to plan ahead due to uncertainties about when the pandemic might end and […]
With effect from 1 January 2021, any imports from outside the UK, both from non-EU and EU exporters, can be subject to Postponed Import VAT Accounting (PIVA). What are the […]
The past year has been tough on many business owners, with recurrent lockdowns and tiered restrictions forcing business owners to adopt a 13-week cashflow cycle and concentrate efforts on short-term […]
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 […]