Jul 3, 2023 | Business Start Ups, Covid-19, Expenses, Information, News, Profit and Loss, Vault
Archived Article Notice This article reflects the business environment and guidance available at the time of publication in 2023. The pandemic brought a lot of changes to our businesses, some good and some bad. One that has continued to be a topic...
Sep 23, 2022 | Covid-19, HMRC, Information, News, Tax, VAT, Vault
Archived Article Notice | This article relates to the COVID-19 VAT deferral scheme and HMRC guidance available at the time of publication. The repayment arrangements and deadlines discussed may no longer apply. Please contact North Devon Accounts for current advice on...
Mar 28, 2022 | Business Start Ups, Covid-19, FAQ, Loans, Vault
Businesses and self-assessment taxpayers are being reminded they need to include all grants paid as part of the COVID-19 support payments in their tax returns, as some may think these were non-taxable. Have you set money aside to deal with tax on support grants? HMRC...
Mar 8, 2022 | Covid-19, FAQ, Information, Loans, Vault
The bounce back loans, CBILS and CLBILS for larger companies were some of the most generous schemes available to businesses suffering from the impact of lockdowns due to the Covid-19 pandemic, paying out a total of £80 billion to help keep businesses afloat. The...