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

    We talked about the new “reverse VAT” system for CIS construction work back in 2019. Now we’re getting closer to the revised new date of 1st March 2021 kick-off date, it’s time to make sure all your Domestic Reverse Charge (DRC) ducks are in a row. Here’s what you need to know:

  • Trade with the EU is changing. Are you ready?

    Trade with the EU is changing. Are you ready?

    The Brexit transition period ends in January. Here’s how to prepare.

  • Coronavirus Support: October Update

    Coronavirus Support: October Update

    It takes powerful backup to survive out on the Business Battlefield. With the COVID-19 pandemic still tearing through the UK economy, small firms across the country are looking to the government for support. Here are the latest updates on the schemes you can call on during the pandemic.

  • New Coronavirus Job Retention Scheme (CJRS) beginning November 2020.

    New Coronavirus Job Retention Scheme (CJRS) beginning November 2020.

    The scheme has changed going forward with the main changes highlighted below;

  • Government Support for the November Lockdown

    Government Support for the November Lockdown

    People and businesses across the UK are being provided with additional financial support as part of the government’s plan for the next phase of its response to the coronavirus outbreak, the Prime Minister announced today (31 October).

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