The reform of the VAT penalty system, which brings consistency to late payment and interest penalties and replaces the default VAT surcharge with a points based system, has been delayed until January 2023.
If you are local to us, here in Derby, then you may be interested to know that Derby City Council suggests that they will open up applications for the Omicron Hospitality and Leisure Grant to eligible ratepaying businesses in those sectors from the beginning of next week.
Regular check ups on the financial health of your business, particularly on cashflow, let you spot and resolve potential problems before they become major issues.
Although the government has delayed its plans for the introduction of Making Tax Digital for ITSA (Income Tax Self-Assessment), Bates Weston urges self employed and landlords to make the move to digital record keeping sooner rather than later.
BW Insight Business Advisory Service uses real time digital business records to provide real time advice to drive business improvements.