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Month: January 2021

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Domestic Reverse Charge – Construction Industry

Back in 2019 before any of us had heard of Covid, HMRC announced that they were introducing the Domestic Reverse Charge for VAT and that it would affect everyone in the Construction Industry who is VAT registered. After delaying the introduction of this a couple of times due to Brexit and Covid it has finally…
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Government Assistance – Lockdown 3

The Chancellor Rishi Sunak has unveiled some brief plans with regards to extra financial support after yesterday’s lockdown news: – Businesses in the retail, hospitality and leisure sectors will receive up to £9,000 per property in one-off grants as follows: – £4,000 for businesses with a rateable value of £15,000 or under – £6,000 for…
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