The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of these changes is the introduction of […]

From 1 January 2021, you will need an Economic Operators Registration and Identification (EORI) number to move goods between Great Britain and the EU. Prior to 1 January 2021, you […]

Despite on-going speculation that the government will intervene at some point, for now, making contributions into a pension scheme continues to be a particularly tax-efficient form of savings. Nearly everyone […]

Looking for a trustworthy and reliable team of accountants? Look no further! At Makesworth Accountants, you’ll receive the highest quality service from a team of true professionals. Clutch has just […]

The United Kingdom leaves the European Union at 11 pm on 31 December 2020 when the transitional period ends. It is still unclear whether a trade deal will have been […]

If an employee is able to use a company van privately, a benefit in kind tax charge may arise. The exception to this is if the van meets the conditions […]

Where inheritance tax is payable on an estate, it must normally be paid by the end of the sixth month after that in which the death occurred. For example, if […]

The Government announced the Employment Wage Subsidy Scheme (EWSS) on 23rd July 2020. This is economy-wide enterprise support that focuses primarily on business eligibility. The scheme provides a flat-rate subsidy […]

Winding up a company usually involves a considerable amount of forethought, planning and paperwork because a number of possible exit routes exist and each company situation is different. In general […]

Sadly, not all businesses will survive the Covid-19 pandemic, and many may take, or be forced to take, the decision to close where losses make the business untenable. The tax […]

Makesworth Accountants are award-winning accountancy the practice of Chartered Certified Accountants tax and business advisors. We always embrace the latest technology and up-to-date information to help your business grow. Our […]

To help employees out during the Covid-19 pandemic, employers may provide hardship loans to employees. Where loans are provided, what are the tax implications? No special rules There are no […]