Category Archives: Tax

Year End Tax Guide 2021-22

Year End Tax Guide 2021-22 How to use this guide Throughout 2021/22, COVID-19 has continued to dominate. Millions of employees and directors on payroll were furloughed, and the self-employed continued to rely on grants available via the income support schemes. Arranging your financial affairs as tax-efficiently as possible before the start of the new tax…
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Autumn Budget 2021 (Downloadable PDF Summary)

As you are no doubt aware the government's Autumn Budget was on 27 October this year. Unfortunately the headline grabbing reduction in Business Rates only applies to England. Here in Northern Ireland, we'll have to wait to see what our friends in Stormont choose to do! Below is a link to our downloadable PDF Summary…
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Corona Virus Business Support Update

There have been a number of announcements and changes made recently to Government support for businesses.  Up to date details of the support available to Northern Ireland Businesses can be accessed on the NI Business Info Website on the following link https://www.nibusinessinfo.co.uk/business-support/coronavirus The following Support is available: Large NAV Business Grant - The Large NAV…
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THE NEW VAT RULES FOR CONSTRUCTION SECTOR START ON 1 MARCH 2021

INTRODUCTION New VAT rules are due to come into effect this March which will impact on accounting for VAT for transactions in the construction sector. The new rules are called “the domestic reverse charge for supplies of building and construction services”. The new “reverse charge” system of VAT accounting will affect sub- contractors supplying their…
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