VAT payment deferral – Direct Debit Update

Following on from our recent blogs about the Coronavirus VAT payment deferral scheme (which deferred VAT payment due between 20 March 2020 and 30 June 2020), with effect from 1 July 2020, the scheme will end and VAT payments ordinarily due from that date onwards will...

VAT Payment Deferral

At the time of writing, we are still awaiting more detail on many of the announced Government reliefs in relation to COVID-19.  However, details are available for an essential cashflow lifeline, the vat payment deferral available to you if you cannot pay your upcoming...

Fundamental changes to lease accounting

As we venture into 2020, some companies with December year ends will be to get to grips with a new International Financial Accounting Standard, IRFS 2016 on leases which came into effect for periods beginning on or after 1 January 2019. It is important to note that...