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Ellie Ellie Case Study

From 2012, Danielle Plowman has watched her award-winning gift brand Ellie Ellie grow and evolve. Their brand ethos, which is to bring people together through…Read More

Autumn Budget 2021 Guide for Business

The UK Chancellor Rishi Sunak delivered a more extensive Autumn Budget statement than some were expecting. It began by promising stronger growth, stronger economy, stronger…Read More

MTD For Income Tax Delay to 2024/25 Explained

HMRC has made the bold decision to delay MTD for income tax to 2024/25. Having listened to stakeholder feedback from businesses and the accounting profession,…Read More

Hospitality VAT rate of 5% ends 30 September 2021

The reduced hospitality VAT rate of 5% has been extended until 30 September 2021. Following this, an interim rate of 12.5% will be in place…Read More

Managing the Domestic Reverse Charge: Xero Guide

The Domestic Reverse Charge came into effect on 1 March 2021, and it is changing the way the construction industry invoices. So, what is the…Read More

Case Study: Rockwater Hove

Cardens evolving relationship with Rockwater started in early 2020. Founder Luke Davis and Operations Director Lee Wilson needed an accountant that was able to be…Read More

COVID-19 VAT deferrals: 3 repayment options this June

In total, around £33.5bn of VAT payments were deferred between March and June 2020. Now, if you owe VAT deferrals from the early stages of…Read More

Updated VAT road fuel scale charges from May 2021

HMRC have amended the VAT road fuel scale charges with effect from 1 May 2021. Businesses must use the new scales from the start of…Read More

Reimburse private fuel by 6 July to avoid fuel benefit

One consequence of the recent periods of lockdown is that employees may have driven fewer private miles in their company cars, particularly where they have…Read More

Changes to the VAT penalty system

Currently, if you fail to file a VAT return or make the payment, there are no penalties for the first late payment, and if you…Read More

Paying back VAT deferred due to COVID-19 UPDATED

This guide details paying back VAT payments deferred between 20 March and 30 June 2020. You can pay now or join the VAT deferral new…Read More

Making Tax Digital & Digital links – are you ready for phase 2?

Making Tax Digital (MTD) Phase two with digital links is fast approaching and businesses need to act now if they haven’t already done so or…Read More

Xero Making Tax Digital Update – February 2021

Following the news that all VAT registered businesses must be signed up to Making Tax Digital (MTD) by April 2022, Xero has been working on…Read More

VAT deferred due to COVID-19: how to pay

A lot of businesses took advantage of the government’s offer to defer payment of VAT due between 20 March and 30 June 2020. However, these…Read More

Extension of Making Tax Digital (MTD) for VAT

In case you haven’t yet come across this, Making Tax Digital (MTD) requires you to have a bookkeeping software package that links up to HMRC…Read More

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