With the Covid-19 impact on the economy, many previously thriving companies may find it difficult to use traditional patterns of remuneration this year.

Today, after a very challenging year, the Chancellor has delivered his second Budget. In advance of our full commentary, we have put the highlights of today’s announcements here.

Review your financial affairs with our timely insights to check that you are not paying more tax than you need to.

Did you defer your VAT bill? The good news is that there’s a new HMRC payment scheme for paying your deferred VAT.

VAT is changing for the #construction industry. Talk to us and we’ll explain the implications of the new VAT reverse charge.

Is your business looking for extra financial support during lockdown #3? Come and chat to us.

HMRC have issued new guidance on how to pay VAT payments deferred between 20 March and 30 June 2020, including a payment plan.

Do you have any Self Assessment tax due on 31 January 2021? Set up online to pay in instalments if you are unable to pay in one go.

From 1 January 2021, if you are a UK-based business bringing or receiving goods from the EU, you must complete an import declaration to get your goods through customs.

From 1 January 2021 you need an EORI number to move goods between the UK and the EU.

Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor announced on 5th January.

From 1 January 2021, you will make customs declarations when you import goods from the EU.

From 1 January 2021, you will need to make customs declarations when exporting goods to the EU.

Businesses in Great Britain need to complete the following actions to continue importing from EU countries from 1 January 2021 by post.

The end of the Brexit transition period is almost here. From 1 January 2021, controls will be placed on the movement of goods between the UK and the EU.

Trustees required to update Trust Information with HMRC Annually

HMRC confirms that annual party exemption applies to virtual festivities, including gifts consumed at the party.

For those interested in the CJRS details, here are a few of the ways in which Phase 3 of the scheme has changed from earlier versions.

Support for workers through the Self-Employment Income Support Scheme (SEISS) will be increased.

Originally due to end on 31 October, the CJRS will now remain open until 31 March 2021.