by Premier Accounts | Aug 9, 2021 | Uncategorized
Employer contributions towards furloughed workers’ wages have increased again, as the furlough scheme prepares to close for good on 30 September 2021. Officially introduced at the start of the pandemic in March 2020, the scheme has supported around 11.6 million...
by Premier Accounts | Aug 9, 2021 | Uncategorized
The stamp duty land tax-free threshold in England and Northern Ireland reduced last month, as the tax holiday introduced in July 2020 began to be phased out. The first cliff edge for residential property buyers came and went on 30 June 2021, marking the end of a...
by Premier Accounts | Aug 9, 2021 | Uncategorized
New businesses can still grow and flourish. Not much can stop determined entrepreneurs from building a new business from the ground up, even during such challenging times as a COVID-19 or its ensuing fallout. The pandemic has proven a huge challenge for businesses,...
by Premier Accounts | Jul 8, 2021 | Uncategorized
Retailers that heavily rely on online sales to EU consumers need to comply with VAT reforms, which were introduced on 1 July 2021. The new rules were originally designed to stop an estimated €7 billion in annual VAT fraud by non-EU ecommerce sellers, mainly those in...
by Premier Accounts | Jul 8, 2021 | Uncategorized
Almost 2,000 people who thought they’d reduced the values of their estates by making gifts have seen an inheritance tax break stripped away. Inheritance tax is charged at 40% on individual estates worth more than £325,000, and this can double for married...
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