Our guide to completing a VAT return
As soon as you reach the VAT threshold, which is currently £85,000, you will be expected to pay VAT on all taxable sales. However, you may also be entitled to claim back VAT that has been charged on business purchases. As part of this process, you will also need to submit a VAT return to…
How is furlough changing and when will it end?
Although lockdown restrictions have been lifted here in the UK, Covid-19 is still posing a number of challenges, especially when it comes to protecting the economy. And, with the Government furlough scheme, which has protected millions of jobs over the past year, due to end in September, many people are worried if there will be…
What are the latest changes to Coronavirus support for businesses?
What are the latest changes to Coronavirus support for businesses? | 4 minute read Covid-19 has had a significant impact on the world’s economy and has forced many businesses to have to shut their doors to the public. And, with a second wave of the virus just getting started, businesses and employees have been…
