The Accounts Lab Blog & Podcast
TikTok Partners With Shopify for Ecommerce
- 23rd September 2021
- Posted by: Edward Kirkby
- Category: Business
No Comments
Shopify, one of the fastest growing ecommerce platforms in the world with 1.75 million merchants selling on the platform, has added TikTok as one of its social commerce channels. Shopify has recently announced a partnership with a social media giant, TikTok, which will allow retailers to sell direct to UK customers through the app. Creators
National Insurance Increase & Social Care
- 14th September 2021
- Posted by: Edward Kirkby
- Category: Business
Boris Johnson has announced today a 1.25% rise in National Insurance beginning April 2022, as well as a 1.25% increase in tax on share dividends. These increases will be introduced in order to raise £12bn a year to fund the government’s social care plan; this being: Anyone with assets of less than £20,000 will have
Can Film & TV Companies Claim SEIS and EIS?
- 13th July 2021
- Posted by: Edward Kirkby
- Category: Enterprise Investment Scheme, Seed Enterprise Investment Scheme (SEIS)
In recent years, film and television companies have found it increasingly difficult to take advantage of the SEIS and EIS schemes that offer tax incentives to investors. The reason for this is the new ‘risk to capital’ condition that was introduced by HMRC in 2018. This condition stipulates that to qualify for EIS/SEIS, a company
Budget 2021 – Wednesday 3 March
- 3rd March 2021
- Posted by: Edward Kirkby
- Category: Budget
On 3rd March, the Chancellor Rishi Sunak unveiled the 2021 Budget and the measures that the Government will be implementing to aid the UK’s economic recovery as we continue to progress through the COVID-19 pandemic. Here are the key points addressed in the Budget that will impact individuals and business-owners: Furlough Scheme (CJRS) The Chancellor
VAT Brexit Changes
- 2nd February 2021
- Posted by: Edward Kirkby
- Category: VAT
Changes to VAT after Brexit As of 31st December 2020, the UK is no longer a member of the European Union. We can expect this to bring about many changes, but what does it mean for VAT? In terms of domestic transactions within the UK, there are no changes – VAT rules and rates remain