Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
Ewan Bolt
Business Advisory Director and Head of Digital Solutions
08 March 2021
MTD for VAT digital links deadline – is your business prepared?From 1 April 2019, Making Tax Digital (MTD) compliance became mandatory for most VAT registered businesses for VAT return reporting. HMRC implemented a soft-landing period for the first two years to 1 April 2021, meaning that some elements of the MTD legislation were relaxed – in particular, digital links. The time has come to make sure that your business is prepared and ready for the next phase.
Samantha Nicholson
Business Advisory Senior Manager
10 February 2021
“Thank you” £500 bonuses for NHS Staff and related Independent ContractorsHealth and social care staff who are eligible for a £500 cash boost will see the money in their banks shortly following the delay, with some receiving it as late as March.
Shaun Millican
Business Advisory Partner
19 November 2020
Festive Furlough – the importance of consulting the Job Retention Scheme guidanceNow that the extended Job Retention Scheme (JRS) is well underway, and with the festive period just around the corner, employers may be tempted to put their employees on furlough when they close their doors for Christmas. While this may seem attractive, employers need to be mindful of the guidance and the risk of making a claim which is not within the legislation or spirit of the scheme.
Hugh Boyle
Business Advisory Partner
23 October 2020
The COVID-19 Restrictions Fund – vital support for the hospitality sectorTo help support those businesses affected by the new restrictions, the Government announced a £48 million support package called The COVID-19 Restrictions Fund.
How much can businesses claim and how do you apply? I’ve covered the key points you need to know in this short blog.
Ewan Bolt
Business Advisory Director and Head of Digital Solutions
19 October 2020
Have you been contacted by HMRC about Making Tax Digital (MTD) for VAT?HMRC has started to re-target businesses they believe should be MTD compliant based on taxable turnover. If your business has received a letter like this recently, there is action you need to take, even if you are not required to sign up to MTD.
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