Blog archive

THE NEW VAT RULES FOR CONSTRUCTION SECTOR START ON 1 MARCH 2021

New VAT rules are due to come into effect this March which will impact on accounting for VAT for transactions in the construction sector. The new rules are called “the domestic reverse charge for supplies of building and construction services”.

THE ECONOMY

This week we have seen some gloomy #economic #figures showing that the UK suffered a record annual slump in 2020. Last year the #economy shrank by nearly 10% as #coronavirus restrictions hit output, stated the Office for National Statistics (ONS).

Brexit New

The UK and the EU continue to discuss the recent problems surrounding the implementation of the new #trading #rules for #Northern #Ireland.

COVID-19 GOVERNMENT SUPPORT NEWS

Below is our weekly roundup of changes to government support information for businesses.

COVID-19 GOVERNMENT SUPPORT NEWS

Below is our weekly roundup of changes to government support information for businesses.

Monthly Tax Newswire - March 2021

End user can be liable for the tax not deducted. Don't lose your 2020/21 personal allowance and more.