Can Tax Agents help with deferred VAT?

Due to the COVID-19 pandemic, all VAT registered businesses had the option available for their VAT payments to be deferred automatically for amounts due in the periods from 20th March to 30th June 2020. No interest or penalties have been charged on that outstanding VAT debt, and businesses have been…

Domestic Reverse Charge – After Brexit

What happens now? After Brexit, transactions between VAT-registered businesses between the UK and EU countries will be treated as foreign transactions and reverse charge will not apply. Previously, the reverse charge was applied to all products and certain services between UK and EU businesses. Transactions between Northern Ireland and the…

Contractor or Employee? Get ready for IR-35

You’ve got self-employed, apprentices, interns, freelancers, contractors, temps, employees… While there are many crossovers and similarities between these, there are key differences when it comes to the employment rights and benefits each type of worker is entitled to. With IR35 on the horizon it’s become a hot topic! You may…

Why You Need Accountancy Payroll Software

Payday is a day your employees wistfully look forward to. However, if you are responsible for processing their payments, chances are the feeling isn’t mutual. Payroll can mean long nights working overtime, scratching your head over taxes, and spending less time doing the things you love. But fear not; payroll…

Fake HMRC Websites: Why Your Business Needs to be Cautious

While the internet is a useful tool for businesses, we all know the importance of keeping ourselves safe online. Payroll is one area where it’s particularly important to keep your data safe and secure, which is why many firms use specialist payroll software for accountants to guard employee data. There…

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