Fair Tax Mark Statement of Third Sector Accountancy Limited (July 2022)

This statement of Fair Tax compliance was compiled in partnership with the Fair Tax Foundation (“FTF”) and certifies that Third Sector Accountancy Limited (“the Company”) meets the standards and requirements of the FTF’s UK Small Business Standard for the Fair Tax Mark certification. This statement has been compiled in accordance with our wider vision, values and aims as an organisation …

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 …

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 …