by Lotuswise | Feb 12, 2021 | Making Tax Digital, Tax
Domestic VAT Reverse Charge 2021 for Building and Construction Services Domestic VAT Reverse Charge 2021 The domestic VAT reverse charge for building and construction services finally comes into effect on 1 March 2021. The start date was originally 1 October 2019, but...
by Lotuswise | Nov 19, 2020 | Uncategorised
FURLOUGH: UPDATES TO THE CORONAVIRUS JOB RETENTION SCHEME (CJRS) FURLOUGH: UPDATES TO THE CJRS Furlough: Updates to the CJRS – The scheme has been extended. Government guidance has been updated with details of how to claim for periods after 1 November 2020. The...
by Lotuswise | Nov 4, 2020 | Business Success, Coronavirus: Finances
Furlough Scheme Extension at 80% Pay The Coronavirus Job Retention Scheme (CJRS) Furlough Extension Furlough scheme extended until December: On 22 October the Chancellor announced that the CJRS furlough scheme would end on 31 October 2020, to be replaced by a new Job...
by Lotuswise | Aug 7, 2020 | Coronavirus: Finances, Making Tax Digital, Tax
DETAILS ON HOSPITALITY VAT REDUCTION HOSPITALITY VAT REDUCTION: WHAT IS IT ALL ABOUT? When the Chancellor announced a temporary cut in the rate of VAT for the hospitality sector and attractions in his Summer Statement on 8 July there were a number of areas that needed...
by Lotuswise | Jul 16, 2020 | Coronavirus: Finances
DEFERRING JULY SELF-ASSESSMENT PAYMENT: OPTION TO DEFER JULY SELF-ASSESSMENT PAYMENT ON ACCOUNT Deferring July Self-Assessment Payment: Taxpayers facing financial difficulties as a result of the COVID-19 pandemic can opt to delay making their second self-assessment...