Take care with VAT bad debt relief

The issue For those VAT registered businesses which do not use the cash accounting scheme (most of them), care needs to…

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5% hospitality VAT rules may be wider than you think

The issue A few weeks ago the government announced a temporary cut in the VAT rate from 20% to 5% for…

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DIY Builders may be due a VAT reclaim

The issue In these recent times of lockdown and social distancing, many a frustrated and possibly furloughed homeowner, with no pub…

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Coronavirus business aid update

We summarise below the new self-employment Income Support Scheme. We have also provided more detail to the points raised in our…

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Cancel direct debits to enjoy VAT deferral

The issue Under the government’s proposals VAT payments due before 30 June 2020 will not now need to be made until…

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