2021 – Are you ready for change?
Accountants may be the unsung heroes of 2020 as we provided a stellar response to the pandemic on behalf of the businesses we serve but according to an article from Accountancy Age, we have seen nothing yet!
“Accounting and payroll professionals have been called superheroes of the business world for their incredible response to the pandemic in 2020 and for how they have helped their clients.
But 2020 could be a walk in the park compared to what is to come in 2021, with Brexit, ongoing coronavirus relief, Making Tax Digital (MTD) for VAT changes, VAT reverse charge for construction and IR35 requirements for medium-sized and larger business…The list goes on.”
Read the full article here:
With many changes coming up it’s best to plan and understand how they affect your business; your accountant is your businesses best friend 😊.
#makingtaxdigital #vatchanges #IR35