To reverse charge, or not to reverse charge, that is the question! The Domestic Reverse Charge (DRC)for the building and construction industry is a complex new piece of VAT legislation….
The Domestic Reverse Charge (DRC) for the construction industry has come into force from 1st March 2021, shaking up VAT rules for many construction companies.
Making Tax Digital (MTD) for all VAT registered businesses is a little over a year away, but there are important changes happening in the next few weeks too. If your…
Making Tax Digital (MTD) for unincorporated businesses is set to go live in 2024, and while that seems like a lifetime away, it will creep up very quickly. Importantly, this…
Ian Spectre, professional Hector, is back for 2021 and he’s prepared a budget! If you’ve not been formerly introduced to Ian Spectre, you might find it helpful to read this…
With the impending IR35 legislation changes putting the determination into the engaging company’s hands, many contractors are choosing to close their PSCs and return to employed working.
Unsurprisingly, pandemic support measures as well as plans to recoup the cost generated by the pandemic were the key drivers in the Spring Budget 2021, announced yesterday (3rd March).
Is your company importing goods into Britain from outside the UK, or into Northern Ireland from outside the UK & EU? You could benefit from postponed VAT accounting (PVA).
We’re expecting the budget to be delivered on the 3rd March 2021, and we’re expecting a few difficult tax changes as The Chancellor attempts to close the massive chasm that…
In 2021 we’ve been expecting to see the UK’s contractor community shrink as private sector IR35 reform – and the responsibility for compliance – comes into play. However, there is…