by Lynne Gowers | Sep 7, 2021 | General News, News
Prime Minister Boris Johnson has announced to the House of Commons that a new health and social care levy is to be introduced across the UK to address the funding crisis in the sector. 1.25% increase in NI from April 2022 The new tax will begin as a 1.25% rise in...
by Lynne Gowers | Sep 3, 2021 | Agencies, General News, Contractors, Construction industry
As if navigating the way out of a global pandemic wasn’t enough, this year the construction industry has had a new VAT issue to contend with. The VAT domestic reverse charge was introduced back on 1st March after several delays. Its impact on cash flow is now being...
by Lynne Gowers | Feb 9, 2021 | Agencies, General News, Construction industry
HMRC’s VAT domestic reverse charge for construction services is finally due to come into force on 1st March 2021, after several delays. This anti-fraud measure changes the way VAT is collected in the construction industry. It means that the customer receiving...
by Lynne Gowers | Jan 6, 2021 | General News
With a further national lockdown announced, parents across the country are once again grappling with homeschooling their youngsters. We feel your pain! Several of the Liquid Friday team are working parents themselves, so to help you through, we’ve pulled together...
by Lynne Gowers | Dec 18, 2020 | Agencies, General News
HMRC has warned recruitment businesses to be wary of possible Mini Umbrella Company (MUC) fraud in their supply chain, especially as reliance on temporary labour increases in the UK. By engaging with Mini Umbrella Companies, contractors are able to increase their...
by Lynne Gowers | Dec 14, 2020 | Agencies, General News, Contractors
HMRC has joined forces with Advertising Standards to act against misleading marketing by promoters of tax avoidance schemes. The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading adverts which...
