Postponed VAT accounting from 1 January 2021

Local accountants and tax advisers, Trueman Brown, have some advice for local VAT-Registered businesses importing goods into the UK. The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of...

Grants available to business during lockdown

Local accountants and tax advisers, Trueman Brown, look at the grants to support small businesses after the lockdown if you are unable to trade. Many businesses have been forced to close as a result of the national and local restrictions introduced to slow the spread...

Tax-efficient remuneration using pensions

Local accountants and tax advisers, Trueman Brown, advise that company pension scheme may be a tax efficient way of paying employees remuneration. Despite on-going speculation that the government will intervene at some point, for now, making contributions into a...

Tax relief on business loans

Local accountants and tax advisers, Trueman Brown, advise businesses that they can obtain relief for interest on business loans and show how they can get the relief. Interest paid on loans used for qualifying businesses purposes should be eligible tax relief and can...

Tax-Free Christmas Parties

Local accountants and tax advisers, Trueman Brown, advise local employers that there is a way to celebrate Christmas with employees and it could be tax-free! Despite the crazy and uncertain times that we find ourselves living in, directors and employees can still...