Newsletter – May 2021

Our latest Newsletter advises on current Covid-19 support measures for business, and reports on a range of other topical issues, please click here to view.

We also go behind the headlines to look at how key Budget provisions may impact you.

Headline news:

  • Covid-19 support schemes latest

the final grants from the Self-employment Income Support Scheme, and most recent changes to the furlough scheme.

  • Uber and you

the Supreme Court verdict in the Uber case: and why it’s important for businesses – even those who may not think of themselves as employers.

 

Our other articles:

  • Going on holiday. Counting the days

Covid-19 considerations for owners of furnished holiday lettings.

  • Biggest tax cut ever?

what the new super deduction really means for you and your business.

  • New Covid-19 loan now up and running

the Recovery Loan Scheme: terms and conditions.

  • Using a loss

Budget announcements on loss relief for companies and unincorporated businesses

  • Property: what’s new?

HMRC’s new capital gains tax regime means faster tax payment and reporting. When could it affect you?

  • Budget big freeze

what changed in the Budget – and what didn’t?

 

We have also posted a Briefing. Click here to view.

Doing business after Brexit: what you need to know

 

There is significant change to the way goods move between Britain and Europe, and between mainland Britain and Northern Ireland.

 

  • Europe: what’s changed?
  • dealing with VAT: goods sold to the EU and bought from the EU
  • postponed VAT accounting
  • dealing with customs procedures
  • imports: new timetable, ongoing change
  • customs declarations: do it yourself?
  • classifying goods
  • making a customs declaration
  • delayed customs declarations
  • preparing for the next step
  • dealing with tariffs
  • what about Northern Ireland?

Here to help

Please don’t hesitate to contact us for advice in any of these areas, or any other matter of concern.