by Gary Woosey | Feb 8, 2021 | Covid-19, Tax
The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the current “uneven system”, has caused many in-store retailers to be at a disadvantage. Supermarkets, including Asda,...
by Gary Woosey | Feb 5, 2021 | Covid-19
According to a report by the Department for Work and Pensions (DWP), the Kickstart Scheme has supported over 120,000 young people find employment, since its launch in September 2020. The Government created the scheme to help 16-to-24-year-olds find work by providing...
by Gary Woosey | Jan 25, 2021 | Tax
Due to the new trade rules that came into effect on 1 January 2021, many UK businesses, who export to the EU, have been hit by extra charges, taxes and paperwork. Some have stopped exports to the EU as a result. One business forced to stop its exports altogether is an...
by Gary Woosey | Jan 22, 2021 | Covid-19
Any applications for the latest round of the Self Employment Income Support Scheme (SEISS) must be submitted by the deadline on 29 January 2021. This grant offers a taxable support payment equal to 80 per cent of the average of three months’ trading profits (up to a...
by Gary Woosey | Jan 18, 2021 | Uncategorized
According to a recent study, many UK firms are not adequately prepared for the off-payroll tax rule changes for the private sector to start in April 2021. The survey, which had 3,300 contractors as respondents, revealed that 52 per cent of in-work contractors still...
