New VAT rules are due to come into effect from 1st March 2021 which will impact on accounting for VAT for transactions in the construction sector. The new rules are called “the domestic reverse charge for supplies of building and construction services”. This is a major change to the VAT collection process for those who […]

READ MORE

As there have been numerous different schemes opening and closing to support Businesses through the Pandemic, we have compiled a Business Support Update to keep you informed of the latest changes and support available.   Strategic Framework Business Fund The Scottish Government have announced a COVID support fund – Strategic Framework Business Fund. The aim […]

READ MORE

As many government guidelines, schemes and deadlines have seen a change in the last few weeks, please see below a summary of schemes that may be relevant to you. 1.VAT If you deferred paying any VAT that was due to HMRC between 20 March and 30 June, then previously you had to pay this value […]

READ MORE