NEWS
Mini Budget 2022
The main headlines in last week’s dramatic mini budget were well reported, which will see the planned 1% cut in the basic rate of income tax brought forward a year to April...
Autumn Budget 2021 – “build back better”
The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce...
The LB Weekly Roundup (BUDGET SPECIAL) – 5 March 2021
See the webinar recording at the bottom of this blog 👇 In this webinar, our Managing Director Sarah Alexander and Tax Director Tom Foster discuss the key announcements from...
Companies to pay COVID bill – Budget reaction!
Many recent budgets have been something of a non-event; not this one. The Chancellor announced plenty more support packages, including extensions to the job support and self...
Domestic VAT Reverse Charge for construction services
Back in 2019 changes to the way the construction industry accounts for VAT were announced. The domestic reverse charge mechanism was originally planned to come into effect on...
Brexit – Exports to EU countries from Great Britain
WHO WILL BE AFFECTED? All businesses that export goods from Great Britain from 1 January 2021 onwards. NEW RULES FOR EXPORTING GOODS EORI number – Economic Originator...
Services and Brexit
It is expected that the place of supply rules for services will remain broadly the same following Brexit... Business to Business (B2B) supplies Generally for a business...
Brexit – Imports from EU Countries
Who will be affected? All businesses that import goods into the UK from 1 January 2021 onwards. New rules for importing goods EORI Number - Economic Originator...
Falling AIA (Annual Investment Allowance) from 1 January 2021
Annual Investment Allowances (AIA) up to 31 December 2020 are available in respect of qualifying capital expenditure up to a £1,000,000 limit, but from 1 January 2021 this...
Chichester District Council COVID-19 Recovery grants – deadline for applications 23 October
Chichester District Council is calling for local community groups and businesses to apply for COVID-19 funding support as the deadline for applications is extended until 23...
COVID-19 Chancellor’s Statement Update
Please see below our summary of the headlines from the Chancellor's statement in Parliament today, where a series of measures to help jobs and businesses were announced. NEW...
£20m of new grants for small businesses!
Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the Coronavirus through...