Contact Us

The Winter Economy Plan

The Chancellor Rishi Sunak has announced a new package to keep the economy moving during winter, in spite of the coronavirus (Covid-19) pandemic. Measures include a new job support scheme, continuing reduced VAT rates, and additional time to pay deferred taxes. At a glance The Winter Economy Plan came as the government cancelled the Autumn […]

Read More

The FCA offer guidance on scams related to coronavirus (Covid-19)

The FCA is closely monitoring the coronavirus (Covid-19) situation and are advising on the steps you can take to stay aware of any possible impact on your finances from scammers. The FCA will be providing regular advice for consumers and firms on the FCA Website. Be aware of new tactics… Watch out for scams related […]

Read More

Is It Worthwhile Having A Company Car Anymore?

There are many advantages to running your own business, like the freedom of being your own boss, the greater control, and possibility of lucrative rewards. But there can often seem like thousands of things you need to know to run it successfully. Paying tax, and just the right amount of tax for your circumstances, is […]

Read More

HMRC halts thousands of scam text messages

HMRC have announced that they have stopped thousands of taxpayers from receiving scam text messages ‘with 90 percent of the most convincing texts now halted before they reach their phones’. HMRC’s press release states: ‘Fraudsters alleging to be from HMRC send text messages to unsuspecting members of the public. In these messages they will make false […]

Read More

VAT: reverse charge for building and construction services

The VAT reverse charge for building and construction services comes into effect from 1 October 2019. The reverse charge represents part of a government clamp-down on VAT fraud. A reverse charge means that a contractor receiving a supply of construction services must account for the output VAT due, rather than the sub-contractor who supplied the […]

Read More

Government fast-tracks Spending Review to give ‘financial clarity’ on Brexit

Chancellor Sajid Javid has announced that a one-year Spending Review will be carried out in September, in order to provide government departments with ‘financial clarity’ ahead of Brexit. According to the Chancellor, a one-year budget allocation would allow civil servants to simultaneously press ahead with improvements to public services and prepare for Brexit, which is […]

Read More

MPs call for review of HMRC loan charge

MPs are calling for an independent review of HMRC’s controversial loan charge, which came into effect earlier this year. In a letter to Chancellor Sajid Javid, MPs have called for a thorough review of the loan charge and a delay to the 31 October loan charge payment deadline. The loan charge, which came into effect […]

Read More

Jervis & Partners is the trading name of Jervis & Partners Limited, UK company registration number 03721674

Copyright © 2020. Jervis & Partners. All Rights Reserved.