Exciting opportunity for qualified accountant

Worker owned cooperative

This is an opportunity for an ethically motivated ACA with practice experience to join rapidly growing firm serving the social enterprise sector. We started up in 2017 as a specialist chartered accountancy practice, serving co-operatives, charities and other social enterprises. We are uniquely structured as a worker co-operative, and our staff have relevant experience of, and commitment to, organisations working …

Brexit: selling to consumers in the EU

There is a radical change to VAT for any business or charity selling goods or services to customers in the EU. This post is about selling to customers who are not in business – so B2C sales. B2C sales of goods to EU customers Currently, if you sell goods to EU customers then the chances are you are charging UK …

Coronavirus Job Retention Scheme Mark 3

Rumours of the demise of CJRS appear to have been exaggerated, and it looks like it is now with us until the end of March. It is much like the arrangements in August 2020, but much has also changed. We set out some salient points below, but there is no substitute for reading the full HMRC guidance. Basics Employers can …

Overseas supplies of services post Brexit

Currently if you make B2C (Business to Consumer) supplies of services from the UK to the EU, you have to charge UK VAT, because the place of supply is the UK. But if you make B2C supplies of services from UK to outside EU, no VAT is charged as in this case the place of supply is the place of …

Tax and working from home

The pandemic has meant that far more people are working from home, and for some this may be a permanent arrangement. Here are a couple of useful reliefs. Home working allowance Employers can pay employees (including part time employees) £6 per week entirely tax and NIC free to compensate them for any incidental costs of working from home. If employers …

Types of state aid

Due to the pandemic unprecedented numbers of entities are receiving state aid. There are different rules for different types of state aid. These rules derive from the EU, and even though we are leaving the transitional period on 31/12/20 it is likely that the rules will persist in some form for the following four years. Notified state aid This is …