Small Business Accountancy Blog From RIFT Accounting in Kent

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  • Reverse VAT for the construction industry

    Reverse VAT for the construction industry

    A new way of accounting for VAT for construction work comes in on the 1st of October

  • Jumpstart Your Limited Company with RIFT Formations

    Jumpstart Your Limited Company with RIFT Formations

    If your annual CIS tax refund is getting smaller it could be time to move to a Ltd Company. We'll get you set up in 48 hours and you could be instantly better off.

  • Workplace Pension Re-enrolment

    Workplace Pension Re-enrolment

    How to handle your 3-yearly re-enrolment responsibilities

  • Tax-Free Childcare for Children up to 11

    Tax-Free Childcare for Children up to 11

    The government’s Tax-Free Childcare system’s worth up to £2,000 a year per child.

  • The Domestic Reverse VAT Charge and You

    The Domestic Reverse VAT Charge and You

    On the 1st of October, a new VAT system comes in for UK construction contractors. If you’re in the building trade, you might have heard some noise about the new “reverse VAT” system coming in. You’ve always had to know the rules to stay safe in the taxman’s world – and now you’re going to have to know them backwards. Here’s a breakdown of what’s happening.

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