by Hawsons | Jun 25, 2020 | covid-19, Craig Walker, VAT
In March, the Chancellor announced that businesses could defer VAT payments due between 20 March and 30 June 2020 until 31 March 2021. This temporary change to the payment dates was introduced to help businesses manage their cashflow. The VAT deferment period is now... 
by Hawsons | May 7, 2020 | Care Homes, Healthcare, Stephen Charles, VAT
The Government has decided to zero-rate VAT on essential personal protective equipment (PPE) during the COVID-19 pandemic. It comes after charities and trade unions called for VAT on PPE to be scrapped. The Government hopes that this will ease the financial pressure... by Hawsons | Apr 2, 2020 | Craig Walker, Making Tax Digital, Tax, VAT
Delay of VAT Making Tax Digital ‘phase two’ The government has announced that, in light of the impact of Covid-19, the digital links requirement of Making Tax Digital for VAT will be deferred by 12 months to 1 April 2021. What is being delayed? The first... 
by Hawsons | Mar 25, 2020 | covid-19, Stephen Charles, Tony Nickson, VAT
VAT Deferral – Cancel your VAT direct debit! The Chancellor has announced that VAT payments can be deferred for the next 3 months. All VAT-registered UK businesses are eligible for the deferral. If your business normally pays VAT by direct debit, you will need... 
by Hawsons | Mar 23, 2020 | Agriculture, Care Homes, Charities, Corporate Finance, Corporate Tax, Dental, Engineering, Family Business, GPs, Healthcare, IT and Technology, Legal, Leisure & Hospitality, Manufacturing, Payroll, Pensions, Personal Tax, Pharmacy, Property & Construction, Retail, Solicitors, Tax, Transport & Logistics, VAT
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As... 
by Hawsons | Mar 12, 2020 | Corporate Tax, Personal Tax, Tax, VAT
Budget 2020 The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech he stated ‘we are at the beginning of a new era in this country. We have the freedom and the resources to decide our own future’. ‘It is a...