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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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Midlands businesses voice their concerns and operating challenges

Published by Richard McNeilly, Managing Partner on 10 June 2020

Dains Accountants most recent pulse poll demonstrates the fluidity of business thinking during the COVID-19 crisis. [...] Read More

Domestic Reverse Charge for the Building and Construction Industry Delayed

Published by Terri Bruce, Indirect Tax Director for SMEs and Not for Profits on 8 June 2020

The introduction of the domestic reverse charge for construction services represents a fundamental shift in the approach to collecting VAT in the building & construction sector. It was originally due to take effect from 1 October 2019 but was delayed until October 2020. Now, due to the impact Coronavirus has had on the sector, HMRC have decided to delay it further until 1 March 2021. [...] Read More

Helpful Guide to the Coronavirus Government Support Schemes for Businesses

Published by Richard McNeilly, Managing Partner on 3 June 2020

Over the past 3 months the government has responded to the devastating financial impact of Covid-19 on businesses with a number of packages of support to help businesses of all sizes – SMEs, the self-employed and also larger businesses. [...] Read More

Job Retention (Furlough) Scheme - Important Updates

Published by James Hunt, Employment Services Senior Manager on 1 June 2020

The Chancellor announced changes to the Coronavirus Job Retention Scheme (“the furlough scheme”) on Friday evening, which is now set to be open to the end of October. [...] Read More

Brexit is just over the Horizon - Are you ready?

Published by Terri Bruce, Indirect Tax Director for SMEs and Not for Profits on 26 May 2020

Clearly, the most pressing, current issue for most businesses in the UK at the moment, is the impact of COVID-19; how to deal with lockdown and what will happen in the future. However, unless there is a radical change in Government policy, Britain will exit the Brexit transition period on 1 January 2021 and trade barriers will come into force. This means that businesses trading goods cross-border between the EU and UK will have to submit customs declarations and goods will be liable to checks at the border. As things stand, this will include transactions between GB and Northern Ireland. [...] Read More

Health & Safety Ranked Top concern for businesses emerging from lockdown

Published by Richard McNeilly, Managing Partner on 14 May 2020

Cash Flow comes second, Client Confidence third. [...] Read More

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