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Welcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.

Banks list top 10 Coronavirus scams

Throughout this ongoing pandemic, fraudsters have attempted to play on people’s fears to try and trick them out of their hard-earned cash. Now UK Finance,…

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Reminder: VAT payment deferral period has ended

The financial support offered by the Government through the VAT payment deferral scheme has come to an end. This period, which was intended to support…

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Penalties for breaches of furlough and self-employment scheme rules confirmed

HM Revenue & Customs (HMRC) has set out full details of the penalties that will apply to employers and self-employed individuals who are found to…

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HM Revenue & Customs sets out Making Tax Digital plans for VAT and Income Tax

HM Revenue & Customs (HMRC) has set out its plans for the future of the Making Tax Digital (MTD) programme, with confirmation of the timeline…

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Small business Covid recovery boosted by £20 million in new grants

The Government has announced new grants aimed at smaller businesses in England worth £20 million, to help them obtain the support they need to recover…

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HM Revenue & Customs publishes Job Retention Bonus guidance

HM Revenue & Customs (HMRC) has published guidance setting out how the Job Retention Bonus will operate. The Job Retention Bonus was announced by the…

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VAT treatment of imported goods up to £135 to change under new rules

VAT on imported goods with a value of up to £135 will be collected at the point of sale, not the point of importation from…

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Coronavirus Business Interruption Loan Scheme expanded to more businesses

Following a change in EU state aid rules, the Government has announced that it will expand the Coronavirus Business Interruption Loan Scheme (CBILS) to certain…

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Tax changes outlined in draft Finance Bill 2020 – 2021

The Government has unveiled its draft legislation for the 2020 - 2021 Finance Bill (the Bill). The new proposals cover a number of measures that…

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More businesses invited to apply for Covid-19 support after EU State Aid changes

Even more struggling businesses affected by Covid-19 can now access finance under the Coronavirus Business Interruption Loan Scheme (CBILS), it has been announced. (more…)

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