Making Tax Digital - All data transferred between accounting software must be carried out by a digital link and penalties will apply for non-compliance after April 2021.
Matthew Hutton outlines the welcomed government funding for the hospitality sector and explains why local independent breweries and distilleries have not been prioritised in line with the rest of the sector.
If you are struggling to access external funding, have concerns about your ability to recommence trading once the lockdown ends Heather Bamforth has some useful advice.
Are you looking for support with your payroll and VAT returns? Here are 10 reasons why outsourcing your finance function could be a good option for your business in 2021.
From 1st January 2021, all VAT registered businesses that import goods into the UK from anywhere in the world have been able to use postponed VAT Accounting. This provides the option to account for the VAT charge and recovery on the same VAT return, and even applies if your business was already importing goods into the UK.