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

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

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

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

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

If you hold stocks of imported goods in the UK, you may be able to achieve cash flow savings by postponing the time at which duty on importation is payable by using a customs warehouse. [...] Read More