Brexit has introduced a VAT border between Great Britain and Northern Ireland, the implications of which are still being worked through. From 1 May 2023, second-hand vehicles which are purchased in Great Britain then sold in Northern Ireland have to… Read more
Electronic sales suppression (ESS) is the term for when a sales till is programmed to hide or reduce the value of individual sales. For example, the electronic point of sale (EPOS) software installed on the till may deliberately exclude certain… Read more
Working from home was slowly becoming more common before the Covid-19 pandemic; however, the various lockdowns restrictions meant that it increased exponentially in 2020 and 2021. Many employees have indicated that they do not wish to return to the office… Read more
Making gifts of value during an individual’s lifetime is a tried and trusted way of reducing the exposure to IHT. Many people are aware of the so-called “seven-year rule”, which provides that a potentially exempt transfer (PET) becomes fully exempt… Read more
The Omicron variant of Covid-19 saw new guidelines issued by the government in December. However, at the time of writing no lockdown, circuit breaker or otherwise, has been announced. As a result, many businesses will be going ahead with plans… Read more
