UK Non-Domestic Business Rates 2021

non domestic business rates

BUSINESS RATES IN ENGLAND AND WALES How your rates are calculated Business rates are payable on most non-domestic properties, including buildings part-used for non-domestic activity. A property’s rateable value (RV) is based on a Valuation Office Agency (VOA) valuation using open market rental values as of 1 April 2015, which is then multiplied by a […]

Understanding IR35

understanding IR35

Are you sure you are not affected by IR 35 Legislation? 01 April 2021 IR35 is much ignored and confused legislation and will impact many businesses on 01 April 2021.  Those businesses that provide services to a client through intermediaries must understand this.  Even if you provide services directly to the client, this may impact […]

Are You Prepared For Change In VAT Rules?

are you prapared for change in VAT rules?

VAT domestic reverse charge applies 01 March 2021 In the 2017 budget, the Government announced a VAT reverse charge to combat “missing trader” fraud.  The scheme is called VAT reverse Charge and the date of implementation is 01 March 2021. In simple words from 1 March 2021, the domestic VAT reverse charge must be used […]

Bounce Back Loan Scheme (BBLS) January 21 Update

Bounce Back Loan Scheme (BBLS) January 21 Update

We have now entered into the 3rd Lockdown and the Government has acknowledged the impact by announcing new Financial Aid via different schemes.  The nature of this support to businesses is implemented in many different ways. Bounce Back Loan Scheme (BBLS) Many business owners are familiar with Bounce Back Loan since early 2020.  This scheme […]

Government Financial Support For Self-Employed Jan 2021

Government Financial Support For Self-Employed Jan 2021

We have now entered into the 3rd Lockdown and the Government has acknowledged the impact by announcing new Financial Aid via different schemes.  The nature of this support to businesses is implemented in many different ways. 1        Self Employment and Universal Credit This financial support package helps with living costs.  You can get it if […]

Government Financial Support One-Off Grant For Retail, Leisure And Hospitality Businesses

Government Financial Support One-Off Grant For Retail, Leisure And Hospitality Businesses

We have now entered into the 3rd Lockdown and the Government has acknowledged the impact by announcing new Financial Aid via different schemes.  The nature of this support to businesses is implemented in many different ways. 1. Additional Restrictions Grant (ARG) This is a council-led grant to support closed businesses that don’t directly pay business […]