Many businesses are struggling with the VAT regime in place since Brexit, especially when it comes to exporting goods to the EU. We address some of the common misunderstandings. Exporting goods Provided you have proof…
Update on Covid-19 support for businesses
More support is available to help businesses in this latest lockdown, expected to last until at least 8 March. Keep up to date with, and claim, any support that your business is entitled to so…
Is A Wealth Tax A Viable Option for The Chancellor?
The Wealth Tax Commission, an independent body of tax experts, has set out the framework for a one-off wealth tax. Will the Chancellor be tempted to adopt this? In his November [2020] statement, in which…
Life After Brexit – Travel to Europe on Business
Continuing my immigration theme from earlier this week, I thought I'd comment on business travel to the EU as this has become significantly more complicated since 1 January, with many activities carried out by short-term…
Brexit and the impact on immigration rules
With the end of freedom of movement between the UK and EU from 1 January 2021, the UK has introduced an immigration system that treats all applicants equally. Anyone recruited to work in the UK…
Self-assessment: last minute filing
I'm sitting here musing about the number of calls I'm still taking from (potential) clients regarding taking them on for this year's self-assessment submissions. It's got me thinking. Why do some people leave this to…
Update on new measures for Covid business support
Admittedly, this is coming to you a little later than planned, but hopefully, this blog will provide some useful insight into the measures introduced following the announcement on January 5th of the current national lockdown…
Lockdown 3.0 – What To Expect
As the third Covid-19 lockdown took effect on 5 January 2021, the Chancellor announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to…
Is An Increase in Capital Gains Tax Inevitable?
A recent report could herald changes to capital gains tax. Last July the Chancellor asked the Office of Tax Simplification (OTS) to undertake a review of capital gains tax (CGT) “in relation to individuals and…
Changes to the National Minimum and Living Wages
One of the announcements to come out of the Chancellor’s Spending Review was welcome increases to minimum wages. From 1 April 2021, the National Living Wage will get a 19p increase, going up to £8.91…