B4
The ‘honeymoon’ transition period following the UK’s official departure from the European Union in January 2020, with no trade borders or customs formalities and VAT systems remaining the same, has now come to an end. If you’re a business that trades in the EU, the new rules on VAT and customs are now in place and major adjustments may be needed.
Even before our pandemic-hit 2020, we adjusted to a world of constant change and uncertainty, but the challenges of a post-COVID business environment will require a new level of stress testing and scenario planning if our businesses are to survive and thrive. 2021 will be a critical year for business and will still see significant disruption from economic, political and environmental forces.
Private contractors who set up limited companies to avoid being responsible for PAYE and national insurance contributions are being warned of key changes to legislation.
It’s been almost a year of turbulence, a year like no other, certainly a year none of us will ever forget. But, as days turned into weeks and the weeks turned into months, the realities of a new business world came into view. When would we see our colleagues again? Would we ever be together under the same roof? Can our business survive this? When B4 members from the Professional Services Hub got together recently, the stand out concern for them was the wellbeing of their colleagues.
As we reported back in July 2020, plans for the VAT reverse charge in the construction sector were postponed for the second time and will now come into force in March 2021. Despite having fair warning of the changes, there will still be many companies in the sector that are unprepared for this significant alteration.
Are you a last minute self-assessment tax returner or are you sitting pretty enjoying the last of your Christmas leftovers and thinking ahead to a glorious 2021 full of business successes and social events?!
A tax expert has stepped in to clear up confusion over Capital Gains Tax (CGT).
It’s B4 Professional Services Day at B4. So we’re highlighting some recent and not so recent articles and press releases posted by B4 members over the past year or so.
Whitley Stimpson’s payroll administrator Maddi Cooper has been awarded Apprentice of the Year in the national LUCA Awards 2020.
Operating a payroll can be both time consuming and complicated, and the introduction of Pensions Auto-enrolment has increased the burden on employers, heightening the potential risk of penalties for non-compliance or late submissions.
On Saturday the Prime Minister announced that the Job Support Scheme, that was due to replace the Coronavirus Job Retention Scheme (known as furlough) on the 1st November, was being postponed until the furlough scheme ends, currently expected to be in December.
Accountancy and business advisors Whitley Stimpson is continuing its investment in young talent and has welcomed ten new starters to join its leading accountancy team.
New business owners, and forward-thinking entrepreneurs, are being given the chance to receive a £10,000 business support package as part of an Oxfordshire accountancy firm’s commitment to helping grow the next generation of business leaders.
Whitley Stimpson has been officially ranked as one of the country’s top accountancy firms for the seventh year running by the prestigious Accountancy Age 50+50 survey.
A look at what measures can be put into place now to keep heads above water whilst limiting the personal liability to directors.