What you need to know about reclaiming VAT
Many owners of VAT-registered businesses are not always aware of reclaiming VAT. As a result, they risk missing out on revenue. In fact, a study earlier this year says UK businesses are losing 12 per cent of revenue through not reclaiming VAT. The findings came from a...
3 reasons to file your self-assessment early
More than 63,500 people filed their 2020-2021 self-assessment tax return on the first day of the tax year, HMRC has revealed. Figures show that the number of people filing on the first day has almost tripled in the last 5 tax years. Sending in your self-assessment tax...
Brexit Support Fund opens for applications
Small and medium-sized businesses trading with EU-based companies can now apply for SME Brexit Support Fund grants. The grants of up to £2,000 are aimed at helping SMEs adapt to new customs and tax rules. It was introduced to help UK businesses focus on their...