Did you know that from the 1st April 2021 here will be a National Insurance contribution relief for employers who hire veterans. From April 2021, there will be a National Insurance contribution relief for employers who hire veterans. Employers can claim back the Class 1A NI contributions for employees who are veterans for the period…
News & Blog
10 Steps to Closing a Company
There may come a point when you no longer need to trade through a limited company, however as the business is a legal entity the process of closing a company is far from simple. This guide summarises the steps involved. 1. Stop trading. The company should undertake no further business and only allow transactions…
Spring Budget Announcement 2021
This is the first budget to be announced during the pandemic, after the usual November budget was replaced with a Spending Review. I will try to give you some of the highlights which will affect both you individually and in your business. Some of the details are still a bit vague, but we will try…
Domestic Reverse charge VAT for the Construction Industry
Brexit and the pandemic has paused many changes that the HRMC were planning to roll over the last year. This new rule will affect all VAT registered companies within the construction industry that report under the Construction Industry Scheme (CIS). The Domestic Reverse Charge VAT legislation is a change in the way CIS registered…
Brexit and VAT - What it means for your business
Whilst the Covid pandemic has dominated the news over the last year, Brexit has been moving forward with more details emerging on how our new relationship with the EU will look. On 1st January 2021, the UK officially left the EU Whilst many changes came into effect on 1st January, many details about how this…