BUSINESS
Services and Brexit
It is expected that the place of supply rules for services will remain broadly the same following Brexit... Business to Business (B2B) supplies Generally for a business...
Succession Planning for your farming business…
Now is the time to look at the succession planning for your farming business... It may not seem it, but the current tax regimes for Inheritance Tax is relatively generous....
VAT deferred payments – Updated 11 Feb 2021
HMRC announced that all UK VAT registered businesses that had a VAT payment due in the period 20 March 2020 to 30 June 2020 could defer payment until 31 March 2021. Businesses...
App of the month – Fluidly!
-"Never take your eyes off the cash flow because it’s the life blood of business" – Richard Branson. Twenty-twenty – what does it symbolise, my guess is that to nearly...
Brexit – Imports from EU Countries
Who will be affected? All businesses that import goods into the UK from 1 January 2021 onwards. New rules for importing goods EORI Number - Economic Originator...
Online Conferences/Events and VAT
Due to the current circumstances with COVID-19, many events and conferences have moved online. The VAT treatment of these events may be different from the treatment of a...
The benefits of monitoring Cashflow
What is Cashflow? Essentially cashflow is the money that moves into and out of a business. Monitoring a company's cashflow plans for the forecasted and known upcoming costs...
Companies house are no longer sending paper reminders
Companies House have recently announced that they will no longer be sending paper reminder letters. They have stated that the cost of printing these letters was £1.2million...
What are Management Accounts?
What are Management Accounts? The production of your annual accounts looks back in time to establish how the business performed throughout the last financial year, what...
Why have a Virtual Financial Controller and how does it work?
Why do companies choose the ‘VFC’ service instead of employing someone in-house? Traditionally businesses employ in-house financial controllers to provide financial support,...
Brexit and the impact on auditing rules
In the lead up to, and following, the UK’s exit from the EU, the Government released several statutory instruments which impacted the auditing rules. The Statutory Auditors...
To lease or buy your new agricultural equipment?
It is hard enough for you to run your business, without having to know the rules for tax and accounts for HP, leasing and buying equipment . Our team understands that every...