Kamlesh Chauhan, VAT Director, discusses partial exemption and how you have the ability to adjust it for COVID-19.

This article was last updated on 24 August 2021 at 15:35.

This article was last updated on 24 August 2021 at 15:35.

The Financial Reporting Council (FRC) has issued Amendments to FRS 102 and FRS 105 – COVID-19-related rent concessions beyond 30 June 2021. These amendments, which were widely expected, extend the application of requirements that cover the accounting treatment of temporary rent concessions occurring as a direct consequence of the  COVID-19 pandemic by one year. The requirements, originally […]

1 in 2 hospitality businesses surveyed were either “confident” or “very confident” for the future of their businesses 2 in 3 believe that trading levels will return to normal levels before mid-2022 Despite the devastating effects of the COVID-19 pandemic on the industry, hospitality businesses are mostly positive about the future, according to a survey […]

The uncertainty surrounding COVID-19 has left many reviewing personal and business cashflow forecasts for the coming months.

A year ago today, no one could have predicted that 2020 would provide so many new challenges, and I wager that few charities had ‘global pandemic’ listed within their risk register. We have seen huge changes in behaviours since the start of the pandemic with charities adapting overnight and changing their services quickly to meet the guidance requirements while still providing community support at this difficult time. But how has the pandemic impacted the financial governance in the future?

This article was last updated on 5 November at 13:20. Self-employed people have been hit hard financially by the COVID-19 pandemic. The Government has announced an unprecedented package of assistance for business, employees, and for the self-employed whose business has been adversely affected by the COVID-19 crisis. Self-Employment Income Support Scheme: HMRC checks eligibility of businesses which have ceased […]