Reverse VAT for construction firms delayed until March

By KEW Team / September 17, 2020 / 0 Comments

The start of a new scheme for the way construction firms handle their VAT for certain kinds of services has been pushed back from October 2020 until March 2021 due to the Covid-19 pandemic. The VAT Domestic Reverse Charge for Building and Construction Services means contractors will be required to pay the VAT directly to HMRC on the construction services provided by their sub-contractors. It’s an important change and one which businesses need to be fully […]

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Record-breaking rise in business start-ups a cause for optimism?

By KEW Team / September 10, 2020 / 0 Comments

We love working with new businesses – and it’s been really encouraging to see such a growth in new business start-ups in the wake of the coronavirus outbreak. Indeed, according to the Centre for Entrepreneurs think tank, the West Midlands is leading the way with a record-breaking 60% rise in business formations in June 2020. Our own experience here at KEW Accountants is that there has been a clear surge in people setting up their own businesses […]

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