VAT: Financial Services supplied to EU counterparties post-Brexit.
On 9 November 2020, the Chancellor confirmed that, from 1 January 2021, UK businesses which supply certain financial and insurance...
How do I treat furloughed staff costs in my R&D claim?
Staff costs for directors and employees directly or indirectly engaged in qualifying research and development (R&D) activity are usually one...
What the past tells us about valuation changes
Business leaders who wanted to exit are now considering their options. We investigate what happened after the financial crisis and...
Charities, advertising and VAT
Schedule 8 of the VAT Act 1994 allows charities to benefit from the zero rate of VAT when purchasing a...
Zero-rating for digital publications: New VAT changes now effective
With effect from Friday 1 May 2020, the VAT treatment of electronic books and other digital publications (subject to some...
COVID-19: How will it affect my R&D claim?
As many companies now face unexpected cash flow difficulties, there has never been a better time to apply for R&D...
Five steps to getting Brexit ready for trading with the EU
On the 31 January 2020, the UK ceased to be a member of the European Union (EU). From 1 February...
VAT and bad debt reliefs
In the wake of the COVID-19 outbreak, it is likely that businesses will incur an increasing number of bad debts...
Delaying import duty payments due to COVID-19
For businesses globally, the COVID-19 pandemic is creating an unprecedented amount of uncertainty. The Governments relief measures and certain HMRC...
Budget summary 2020
Our summary of the Chancellor’s 2020 Budget is now available to download.
Record 28 companies supplying electricity went bust in the past 18 months
28 companies involved in the supply of electricity have gone bust since the start of 2018, according to official data...
Businesses in Bishop’s Stortford remain optimistic over their financial future.
75% of businesses in Bishop’s Stortford feel more confident about the future according to research conducted by regional accountancy practice,...