SME's under pressure from MTD VAT returns

6
Oct

Small firms ‘tackling cost pressures over ensuring Making Tax Digital compliance’

At the time of typing, less than a month remains until the closure of the online VAT portal of His Majesty’s Revenue & Customs (HMRC) on 1st November 2022; for non-exempted VAT-registered businesses who will no longer be able to use the existing VAT online account for the filing of their quarterly or monthly VAT…

5
Mar

Budget 2021: Updates

This week, the Chancellor delivered the government’s Budget for 2021. Mr Sunak announced extensions to a number of the current COVID-19 schemes, as well as additional support for individuals and businesses. Below is a breakdown of some of the key measures for employers. To get the full details on all of Budget 2021 measures announced…

8
Feb

Does exporting to the EU have to mean hefty VAT registration fees for your small business?

The UK and the European Union (EU) are now more than a month into their new trading relationship, following the end of the previous Brexit transitional period. Among the changes brought by the new arrangements is the need for small businesses in the UK to register for VAT in each EU country where they sell…

15
Jan

The Brexit Transition Period Has Now Ended: What Are the Next Steps You Need to Take?

The Brexit transition period is now over and the UK has left the EU customs union and single market. This means a number of significant changes for business, where new rules have already come into effect on how they trade goods with Europe or represent businesses who do. If your business deals with the EU,…