With the end of the tax year fast approaching on 5 April 2021, you must take full advantage of the tax reliefs, allowances and opportunities available to you to minimise any liabilities and are aware of any upcoming changes.
Davis Grant welcomes the Budget’s support for COVID-19 economic recovery, but highlights future tax rises
Businesses in and around London will welcome an additional £65 billion of spending through new loans, grants and the extension of several important schemes announced in the Budget, says Davis Grant, but they need to be prepared for a rise in Corporation Tax. So far, the nation has spent more than £280 billion protecting jobs and businesses, […]
Budget 2021
Providing identification to us is now much easier and hassle free
We are required by law to ask you to provide proof of your identity to us and refresh this on a periodic basis. Pre-Covid times, providing your proof of identity to us (as required by anti-money laundering regulations) was a simple matter of you providing documents at a face-to-face meeting (remember those?!?). The alternative was […]
MPs call for business rates cut in 2021 Budget
A total of 45 MPs in England are calling for Chancellor Rishi Sunak to cut business rates in England from 50 per cent of the market rent to 35 per cent in the 2021 Budget. They argue that cutting this tax will help to “save the High Streets” in the upcoming months. Last year, as […]
Commodity codes, explained
If you move goods to or from anywhere in the world, you will need to use a commodity code to classify your consignment. Here’s what you need to know. What is a commodity code? The UK now uses a standardised set of codes, borrowed from the World Trade Organisation (WTO) “Harmonised System”, to classify goods. […]