Clear Vision VAT deferral scheme

Avoid a penalty for deferred VAT

During the pandemic, the Chancellor Rishi Sunak announced details of a VAT deferral scheme in order to support struggling businesses. The scheme allowed businesses to defer their VAT between 20th March 2020 and 30th June 2020. Those outstanding VAT payments are due for payment by 30th June 2021. HMRC have Read more…

Clear Vision new tax year

New tax year brings changes

A new tax year starts today (6th April 2021) but what changes will affect your income? The income tax thresholds will rise again (the amount you can earn before paying tax). The personal allowance will rise from £12,500 to £12,570 and the higher rate will rise from £50,000 to £50,270. Read more…

Clear Vision Financial Management Budget 2021

A budget that delivered support

The pandemic has caused pain for many businesses in the UK, the recent lockdown has meant that most businesses have had to close their doors until June 2021. As predicted the Chancellor Rishi Sunak, has announced further support measures to help businesses and a swifter and more sustained recovery is Read more…

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