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News

News

Keep up to date with the latest Dains news and industry insights right here in our news section.

Keep up to date with the latest Dains news and industry insights right here in our news section. Keep up to date with the latest Dains news and industry insights right here in our news section.


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Supreme Court Upholds Decision in FCA's Covid-19 Business Interruption Test Case

Published by Emma Wallace, Forensic Director on 15 January 2021

The Supreme Court has handed down its judgement today in the Financial Conduct Authority (“FCA”)’s business interruption insurance test case. The Court’s findings are substantially in favour of the policyholders. [...] Read More

Has Your Local Business Been Forced To Close?

Published by Richard McNeilly, Partner on 23 December 2020

The Local Restrictions Support Grant (LRSG) is a business support grant to help businesses that have been forced to close due to lockdown restrictions. [...] Read More

VAT Accounting for the Construction Industry - New Rules from 1 March 2021

Published by Terri Bruce, Director of Indirect Tax for SMEs and Not for Profits on 23 December 2020

Businesses working in the construction industry may have to change the way in which they account for VAT on sales and purchases with effect from 1 March 2021 when HMRC introduce the Domestic Reverse Charge (“DRC”). [...] Read More

Dains Burton Office Raise Funds for Local YMCA Food Bank

Published by John Southwell, Partner on 23 December 2020

Generous staff at Dains Accountants in Burton have put their hands in their pockets and raised £180 for the Burton YMCA homeless charity. [...] Read More

Rishi Sunak, COVID 19 and the UK Tax System's Best Kept Secret...

Published by Roy Farmer, Head of Corporate Finance and David Bradshaw, Head of Tax on 17 December 2020

The Chancellor, Rishi Sunak will face the impossible task of balancing the books, whilst trying to keep the taxpayer happy, when contemplating the fiscal plan to be outlined during the Spring budget. [...] Read More

VAT Payment Changes for Goods Imported into the UK from the EU and ROW

Published by Terri Bruce, Indirect Tax Director for SMEs and Not for Profits on 16 December 2020

It has just been announced that as of the 1st January 2021, VAT on goods being imported into the UK from both the EU and ROW will not be paid at the border. Instead, it will be accounted for on the UK VAT return in boxes 1, 4 and 7. [...] Read More

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