We are delighted, together with our joint event sponsors, Lumen Financial Planning, to be able to welcome all our friends to our review of Jeremy Hunt's Spring Budget. Spaces are limited, so please register as soon as possible Registration Link . The Spring Budget, scheduled for 6th March 2024, is eagerly anticipated, and there’s already…
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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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Changes to Self-Employed and furlough schemes
The Chancellor, Rishi Sunak, announced the following changes to the Self-Employed Income Support (SEISS) and Coronavirus Job Retention Schemes (CJRS) at the close of business last week. SEISS changes In response to lobbying by interested business groups this scheme has been extended for a final three-month period (June – August 2020). The amount being offered…
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Self Employed Income Support Scheme (SEISS) Goes Live on 13 May – Action Required
The long awaited help for the self-employed goes live on 13 May, although some taxpayers will not be able to claim until 14 May or later! You can, however, prepare now, by checking your eligibility and setting up a Government Gateway. Eligibility If you are self -employed or a partner in a trading business, then you will qualify for this…
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