Tel: 0115 943 6493

    Email: info@wrenaccountancy.co.uk

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How to set and achieve your goals

13/01/2021

We have been part of the Xeinadin Group now for nearly 2 years and this allows us to offer further resources to our clients. This is the start of our blog series on how to set and achieve your goals, which will come in handy for years to come. In this first blog, we’ll talk about why setting goals is important. Setting goals gives you a...

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Goals! Set them. Achieve them. Live the life you want!

13/01/2021

We have been part of the Xeinadin Group now for nearly 2 years and so are able to offer some extra resources as part of this. One of these is an excellent whitepaper on goals. What you’ll learn through this whitepaper: Why set goals?​ Top-level athletes, successful people, and high achievers in all fields set goals. How to set...

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British Medical Journal finds adherence to COVID-19 rules has been and continues to be high

12/01/2021

Interesting findings from research, reported in the British Medical Journal, which finds that adherence to restrictions has and continues to be remarkably high. Thanks to the overwhelming majority. "The way in which issues of adherence have been portrayed and understood during this pandemic have been spectacularly wrong. If...

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VAT DEFERRAL

11/01/2021

HMRC has issued some guidance to taxpayers that deferred their VAT payments between 20 March and 30 June 2020 and still have payments to make. HMRC is advising taxpayers who deferred their VAT payments to: pay the deferred VAT in full on or before 31 March 2021 or opt in to the VAT deferral new payment scheme when it launches in...

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Can't pay self-assessment tax due by 31.01.2021? Apply for a time to pay arrangement online

08/01/2021

Owe some tax under self assessment? On 31 January (2021) the following tax is due to be paid: The 2nd payment on account for the tax year 2019/20 (if you deferred it from 31 July 2020); AND The balancing payment for the tax year 2019/20; AND Your first payment on account for tax year 2020/21. If these total under £30,000, you...

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Raising the Next Generation grant opens on 01.02.2021

07/01/2021

This grant round is targeting and supporting the younger generation who in the current difficult economic climate need support to develop and learn personal financial life skills. See: https://www.msecharity.com/what-we-fund/raising-the-next-generation To check if eligible see:...

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Haulier advice site locations

06/01/2021

At the Department for Transport’s haulier advice sites HGV drivers can: Find out about the rules and documents needed to move goods between the UK and EU. Complete a free border readiness check to ensure they have the correct documentation to cross the EU border. Get help using the Check an HGV is ready to cross the border...

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The Coronavirus Job Retention Scheme rules have been updated

06/01/2021

In view of the national lockdown the Government has released Information about employees unable to work because they have caring responsibilities. See:...

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New lockdown grants announced

06/01/2021

Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor announced on 5th January. The Chancellor announced one-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring. In addition there...

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NEW SUPPORT PACKAGES FOR BUSINESSES

05/01/2021

Following the announcement of a third national lockdown by the government on 4th January, the Chancellor has announced a new range of financial support measures to help businesses through the tighter restrictions into the Spring. Top-up Grants An estimated 600,000 UK businesses in the retail, hospitality and leisure sectors will be...

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Coronavirus COVID-19: National Lockdown 2021

05/01/2021

Update 5th January 2021 At 8pm last night, Boris Johnson announced that England will enter Alert Level 5 - National Lockdown - with immediate effect. The lockdown is set to last until at least 15th February 2021. In summary, the restrictions which directly impact employment and businesses are: - People are told to “Stay...

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BREXIT TRADE AGREEMENT

04/01/2021

The transition period for the UK leaving the EU has ended. The EU and UK have struck a trade deal, and this has been ratified by the UK Parliament so from 1 January we are trading with the EU quota and tariff “free”. There are new Customs regulations and VAT requirements to get to grips with, but we have every confidence once...

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SO WHAT ARE OUR BUSINESS PREDICTIONS FOR 2021?

04/01/2021

We have to admit that last year we did not predict the Pandemic and the devastation we have endured. We did predict Brexit disruption, and this looks like it will be the case until systems are in place for as “smooth as possible” travel and trade. There will be "bumpy moments" for UK businesses and travellers as...

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WHAT IS THE BEST USE OF YOUR TIME IN JANUARY?

04/01/2021

Clearly there will be short term actions on EU trade for some. However we encourage all clients to consider taking time to prepare a 2021 Strategic plan. “A sailor without a destination will never get a favourable wind” It is easier to get to your destination with a plan. We all know this simple truth. If you are driving...

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OXFORD-ASTRAZENECA CORONAVIRUS VACCINE APPROVED FOR USE IN UK

04/01/2021

The Oxford-AstraZeneca vaccine has been approved for use in the UK and the first doses were given on 4 January. The UK has ordered 100 million doses - enough to vaccinate 50 million of us. Hopefully most adults will have had the vaccination well before the end of 2021 and we can see an end to much of the lockdown rules we are currently...

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BREXIT TRADE AGREEMENT

04/01/2021

The transition period for the UK leaving the EU has ended. The EU and UK have struck a trade deal, and this has been ratified by the UK Parliament so from 1 January we are trading with the EU quota and tariff “free”. There are new Customs regulations and VAT requirements to get to grips with, but we have every confidence once...

More...

NEW VAT RULES FOR CONSTRUCTION SECTOR START ON 1 MARCH 2021

18/12/2020

New VAT rules are finally due to come into effect this March which will impact on accounting for VAT for transactions in the construction sector. These new rules, which were originally scheduled to start back in October 2019, have already been delayed twice as there was a lack of awareness of the changes in the industry. The new...

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NEW YEAR RESOLUTIONS TO SAVE TAX

18/12/2020

At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end of the tax year on 5th April. An obvious tax planning point would be to maximise your ISA allowances for the 2020/21 tax year (currently £20,000 each). You might also want to consider increasing your...

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Contact Us

Wren Professional Services Ltd

4 Cross Street, Beeston

Nottingham

NG9 2NX

0115 943 6493

info@wrenaccountancy.co.uk

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