The VAT Deferral Scheme
On February 11th, HMRC announced that they will be launching a new scheme, designed to assist with businesses’ cash flow, as part of their ongoing COVID-19 support. This scheme will allow businesses to defer their VAT liabilities generated between March [...]
Your IR35 checklist – things to consider and start doing now!
The IR35 reform is coming, and there’s only a few more months before it’ll be here. So what can you be doing now to ensure you’re 100% ready? In this blog we take a look at the IR35 checklist, to [...]
Everything you need to start your contracting career in 2021
So you’re ready to start your new career in contracting, congratulations! But if you’re new to the industry, where do you start? In this blog we guide you through the key areas you’ll need to consider, to help you get [...]
Furlough extended until March, Job Retention bonus scrapped
It has now been confirmed that the Coronavirus Job Retention Scheme has been extended until 31 March 2021. From 1 November 2020, employers can claim 80% of an employee’s usual salary while they’re in furlough, up to a maximum [...]
What would the rumoured Corporation Tax hike to 24% cost your company?
According to some media reports, the Chancellor is considering raising Corporation Tax from 19% to 24%, but what would this mean for Limited Company contractors? In this blog we investigate the affect his decision will have, and how Aardvark Accounting [...]
Economy rebuild measures announced
The government today announced what they refer to as their next step in rebuilding the economy. Their focus is very much around preventing unemployment whilst gradually stopping the furlough scheme, boosting the hospitality sector and kick starting the housing market. [...]
Sunak delivers Budget to meet ‘challenging times’
Chancellor Rishi Sunak delivered his first Budget, and the first since the UK’s departure from the European Union, against the backdrop of the coronavirus outbreak. The Chancellor announced a £30 billion stimulus package to support the economy through coronavirus contagion [...]