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De-Registering for VAT

by | Oct 26, 2020 | Covid-19, Tax News

Many – well in the yoga sector most – businesses have seen a drop in turnover over recent months. If you are VAT registered, eg a Yoga studio, this may have taken you below the VAT threshold  – so can you de-register? Well, its attractive, and...

Understanding QR codes and Track and Trace

by | Sep 27, 2020 | Covid-19

Amongst the many updates to the regulatory environment for Yoga Businesses this last week around Coronavirus were new requirements to operate Track and Trace and QR codes.  Unsurprisingly they’ve caused some confusion. The Government Guidance around QR codes and Track...

Track and Trace – Don’t Forget to Scan In

by | Sep 25, 2020 | YogaTax News

If you visit our offices you will see a NHS Track and Trace QR code – if you have the Track and Trace App on your phone, please scan in. Its a legal requirement that we display the QR, and advise you to use it. You also need to wear a face covering at all times...

CJRS: Repaying incorrect grants

by | Sep 25, 2020 | Covid-19, Tax News

HMRC is sending compliance letters to certain employers about the claims they have made under coronavirus job retention scheme (CJRS). Tax agents should receive a copy of this letter if is sent to their client. A compliance letter will be triggered where employer has...