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Budget 2021 highlights

Posted by on 3.14.21 in Updates

On 3th March 2020 the Chancellor Rishi Sunak delivered budget 2021. The Office for National Statistics said gross domestic product (GDP) fell by 9.9% in 2020, as no sector of the economy was left unscathed by lockdowns and plummeting demand during the pandemic. It was the biggest fall in annual GDP in modern times so […]

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IR35 Off payroll rules

Posted by on 2.10.21 in Updates

New rules are coming for IR35!

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What is VAT reverse charge in the construction sector?

Posted by on 1.3.21 in Knowledge Base

VAT reverse charge rules came into effect on 1st March 2021, altering the way businesses operating the Construction Industry Scheme (CIS) and who are VAT registered present their invoices. These new rules are complex, and you’ll need to be aware of what they may mean for your business’s sales invoices and VAT returns. What is […]

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Company year end accounts checklist for limited companies

Posted by on 1.3.21 in Updates

A company year end can be a daunting undertaking for first-time limited company directors, but with our comprehensive checklist, you’ll know exactly what you need to do. What this article covers: What is a company year end? Temporary extension to company accounts filing deadlines What needs to be filed with HMRC? What needs to be filed […]

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How to Fill In Your Tax Return Online

Posted by on 1.3.21 in Knowledge Base

In this step-by-step guide, you’ll find everything you need to know to fill in your tax return online, one of the most important self assessment forms when you become self-employed to help you beat the HMRC deadline. When is Your Tax Return Due? The deadline for filing your tax return online is 31 January, following the end of the tax year. […]

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