News

Until 31 December 2020, businesses making supplies of certain services (such as legal, financial or accountancy services) to non-business customers based outside of the EU were not required to charge VAT, as these services were deemed to be outside the scope of UK VAT.

The Institute of Directors (IoD) has warned the government that a rise in CGT would affect Britain's entrepreneurial spirit.

HMRC and the Advertising Standards Authority (ASA) have launched a new joint enforcement notice to cut out misleading marketing by promoters of Tax Avoidance Schemes.

A leading Norfolk accountant is lobbying the Treasury to extend the financial help for self-employed people to those who started trading after March 2019 – saying that these are the very businesses which will help lead the eastern region towards recovery once the pandemic is over.

As part of the UK government’s Clean Growth Strategy, the SECR framework aims to bring the benefits of carbon and energy reporting to more businesses by encouraging the implementation of energy efficiency measures, with both economic and environmental benefits.

The simple answer is that you can retire when you have adequate wealth to do so.

At the height of the first Coronavirus lockdown HMRC announced that you would be able to defer your VAT liabilities due between the period of 20 March to 30 June 2020 until 31 March 2021.

The Wealth Tax Commission was established in Spring 2020 to provide an in-depth analysis on proposals to introduce a UK wealth tax for the first time in almost half a century. The last was considered in the UK in 1974.