Latest News

Xero User News - Changes to the Construction Industry Scheme – Domestic reverse VAT charge

After being postponed twice, 1st March 2021 finally sees the introduction of the domestic reverse charge on building and construction services. 

The VAT domestic reverse charge for construction services (CIS)

From 1 March 2021, there will be a significant change to how suppliers in the construction industry supply chain account for VAT. The changes will apply to businesses making or receiving specified services that are reported under the Construction Industry Scheme (CIS).

A collaborative approach to matrimonial valuations

Our forensic experts examine a new cost-efficient and private collaborative divorce process, involving both partners and their respective solicitors reducing the need for Court proceedings.

Recharging Expenses subject to VAT

Stephen Ferrie, VAT Consultant discusses the conditions around recharging your expenses, subject to VAT,

Will my retirement income be enough to live comfortably?

Planing early and saving enough money is key to achieving the retirement you want.

Off-payroll Working Rules (IR35) FAQs

The off-payroll working rules are designed to ensure individuals working like employees but through their own limited company pay the same Income Tax and National Insurance contributions as individuals who are directly employed.

Role and responsibilities of law firm COFAs

Following the introduction of the SRA’s new Standards and Regulations on 25 November 2019, the role of law firm compliance officers has never been more important.  Andy Poole looks at the role and responsibilities of Compliance Officers for Finance and Administration (COFAs).

Celebrating our rising stars during National Apprenticeship Week 2021

We pride ourselves on providing school leavers with a fully-funded Association of Accounting Technicians (AAT) apprenticeship programme, combining study at Carlisle College with on the job learning within our accounting teams. 

Hospitality businesses – certainty and further funding needed

Richard Andrew reviews the support measures in place for hospitality businesses and looks at what the future holds once lockdown has been lifted.

IR35 legislation overview

Who is impacted by the legislation?

IR35 legislation is expected to impact around 170,000 individuals who work through their own personal service company (PSC), who according to the Government would be deemed employed if engaged directly. However, it isn’t just those individuals who will be impacted, with the legislation also reaching to the following entities: