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Brexit: Summary for VAT impacts

by | Jan 29, 2021 | Tax News

The UK exited the EU VAT regime, Customs Union and Single Market from 1 January 2021. This means the loss of a range of compliance simplifications and the imposition of customs declarations, goods regulations, services and import VAT. A Brexit Trade and Cooperation...

Covid-19 grants for closed businesses

by | Jan 27, 2021 | Covid-19, Tax News

The Local Restrictions Support Grant (LRSG (Closed)) supports businesses that have been required to close due to temporary local restrictions. Businesses that were open as usual and were then required to close due to local Tier 2 or Tier 3 restrictions may be eligible...

Deadline looms for third SEISS grant

by | Jan 22, 2021 | Covid-19

A refresher from ACCA on what you need to know to make a claim.   Applications for the third grant for the self-employed opened from 30 November and claims must be made by 29 January 2021. The third taxable grant is worth 80% of the applicant’s average monthly...

Covid-19 – latest updates to CJRS guidance

by | Jan 22, 2021 | Covid-19

A refresher from ACCA on the CJRS, more commonly known as Furlough, which is extended until the end of April 2021.   Coronavirus Job Retention Scheme (CJRS) In response to the most recent lockdown measures, the CJRS has been extended until the end of April 2021....
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