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Category: News

The importance of bookkeeping for your business

What is bookkeeping? Bookkeeping is the accurate recording and processing of financial transactions for your business allowing accounts to be prepared. Why is it important? In summary, keeping bookkeeping up to date is an important part of running a business and can help in various ways as it allows a clear understanding of the businesses […]


Spring 2021 Budget

Chancellor Rishi Sunak has announced key COVID-19 extension support measures, including furlough scheme, hospitality VAT cut and business rates relief. Furlough Scheme extended The Furlough scheme will be extended until the end of September. For employees, there is no change to the terms. The government will continue to pay 80% of salary for hours not worked. […]


The impact of Brexit on VAT

The UK finally reached an agreement on the terms of departure from the EU at the eleventh hour, which became effective at GMT 11 pm (ironically) on 31st December 2020.  But was does this mean for UK businesses in respect of the charging, reclaiming and reporting of VAT relating to EU trade? With any legislative […]


Tax Relief on Workplace Pension Contribution

What is Tax Relief on Pension Contribution? To be eligible for tax relief you first need to enrol for pension, which is normally done through your employer. If you are aged between 22 and state pension age and earn more than £10,000 per year, then you will be automatically enrolled for workplace pension by your […]


Understanding VAT on Work Carried Out Abroad

In the UK, VAT on work carried out abroad is determined primarily as per the ‘Place of Supply of Services’ rules. The ‘place of supply’ is the location where a supply is made and where VAT may be charged and paid. The type of service and whether you provide the services through a B2B arrangement […]


How Brexit Affects Immigration Requirements for Your Workforce

In 2016, the majority of Britain voted for Brexit—UK’s withdrawal from the European Union. Probably the most important public policy concern arising from the withdrawal is how Brexit will impact immigration. A reduced EU workforce in the UK would be one of the likely effects of Brexit. Currently, approximately 2.31 million EU workers are living […]


Build your perfect video CV with QFinds.

We would like to introduce you to our sister venture at QFinds – a free video CV builder app. It is created to help you build and edit your perfect video résumé in a few quick steps. The app generates a personalised link that you can share with potential employers. A good video CV is […]


How You Can Avail the ‘Eat Out to Help Out’ Scheme

The UK government has introduced a new scheme called ‘Eat Out to Help Out’ to help the food, beverage, and hospitality industry to recover. You and your loved ones can now avail a hefty 50% discount (with a maximum of £10 per person) whenever you eat or drink out throughout August. Let’s learn more about […]

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