by Paul Whyatt | Apr 1, 2022 | Other Insights
The hospitality and tourist sectors have been supported through the Covid-19 pandemic by being able to pay a reduced amount of VAT to HMRC in respect of most sales. The reduced VAT rate was 5% from 15 July 2020 to 30 September 2021 and 12.5% from 1 October 2021 to 31...
by Paul Whyatt | Mar 9, 2022 | Business Advice, News, Other Insights
Businesses are being encouraged to apply for remaining coronavirus (COVID-19) grant funding from local authorities. Hospitality, leisure and accommodation businesses can still apply for one-off cash grants of up to £6,000 through the Omicron Hospitality and Leisure...
by Paul Whyatt | Mar 3, 2022 | News, Other Insights, Taxation
There are constant attempts to trick people that communications are from HMRC and therefore giving away personal information to fraudsters. Recently, a new scam involving QR codes has been identified. HMRC has updated it guidance on QR codes to help taxpayers avoid...
by Paul Whyatt | Jan 7, 2022 | Business Advice, Business Start-up, Other Insights
To all intents and purposes, the UK left the EU on 31 December 2020. However, some changes to rules were delayed in order to ease the transition. From 1 January 2022, there are additional customs rules to be aware of for businesses trading with the bloc. What’s...
by Paul Whyatt | Jan 7, 2022 | Business Advice, Other Insights
Businesses in the hospitality and leisure sectors in England that have been impacted by Omicron are now able to access grants of up to £6,000 as a one-off support payment from their Local Authority. Grants will be awarded per premises depending on rateable...
by Paul Whyatt | Apr 13, 2021 | Other Insights, Personal Tax, Taxation
You should be aware that some fraudsters have obtained SEISS grants by using innocent taxpayers’ Government Gateway IDs and passwords. Once the ID has been proven to work, the fraudsters attempt to double their money by submitting false tax returns to claim tax...
