On 31st December 2020, the Brexit transition period ended and the rules around importing and exporting goods and services to the EU changed. Find out more about the VAT MOSS scheme.
BREXIT: Selling Goods Business to Business
The transition period is almost over and on the 1st January 2021, the UK will have officially left the EU. In this post, we look at how Brexit is affecting those businesses Selling Goods Business to Business.
BREXIT: Business to Consumer Imports & Exports
On 31st December 2020, the transition period comes to an end and on 1st January 2021, the UK will have left the EU. There are some important implications for business-to-consumer businesses on the imports and exports of goods from the EU and the rest of the world.
Job Support Scheme: Extended and Revised
Since Rishi Sunak’s original announcement there have been significant revisions to the Job Support Scheme (JSS) that commences 1st November 2020. It will run for six months and below we deal with the details currently released by the government.
Winter Statement: Ongoing reliefs update
Rishi Sunak delivered his Winter Statement and we have taken this opportunity to surmise the most widely available and relevant reliefs and updates.
The Job Support Scheme: An overview
The government’s announcement that the Job Support Scheme will replace the Job Retention Scheme at the end of October for at least the next six months has forced us to realise that these measures are only temporary.
Job Retention Scheme: Flexible Furlough
The COVID-19 Job Retention Scheme is now being updated at the start of every month and we have put together a guide explaining Flexible Furlough and a brief timeline of the changes that are being phased in.
Seed Enterprise Investment Scheme Explained
As the country lurches back into action and the lockdown eases we take a look at one of the most generous tax reliefs available to investors and business owners, the Seed Enterprise Investment Scheme.
Summer Statement 2020
Rishi Sunak’s Summer statement (2020) was full of incentives and stimulus designed to keep the economy afloat and people employed.
Changes to the Job Retention Scheme
The Job Retention Scheme changes detailed below deal strictly with the transition and changes made between June and July. Further updates for August, September and October will become available at a later date.
VAT for Ecommerce Beginners
As experts in accounting for e-commerce businesses, we see a lot of startup and smaller E-commerce sellers tying themselves in knots over the VAT rules.
Government-funded Covid reliefs
Business owners have become accustomed to the new normal and the government-funded reliefs are doing most of what they were intended to do.
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Job Retention Scheme Update
The Job Retention Scheme was initially intended to cease on 30 June 2020 but has unsurprisingly been extended.
The basics of ecommerce business
A lot of enterprising individuals have started selling online via an ecommerce store and as accountants specialising in ecommerce we get quite a few enquiries around the same topics.
The Bounce Back Loan
Today we conferred with Swoop, and Futrli to get the most up-to-date information on the government’s most recent scheme the Bounce Back Loan.
Coronavirus aid scheme for small and medium sized businesses
Yesterday the chancellor announced a Coronavirus aid scheme for small and medium-sized businesses in an acknowledgement that banks have been slow and reluctant to lend to small and medium-sized businesses under the Coronavirus Business Interruption Loan Scheme (CBILS).
Business Interruption Loan Scheme
Rishi Sunak, Chancellor of the Exchequer, has been talking today about the billions of pounds of support on offer to UK businesses. Here’s what our brokers are saying about the Business Interruption Loan Scheme and the capacity to borrow.
Hubdoc with Xero
In 2018 Xero acquired Canadian tech company Hubdoc for a record $94 million. Hubdoc was an app partner for four years up to their acquisition and it was originally intended that Hubdoc would continue to be run independently of Xero.