Chancellor's Spring Budget 2021

The Chancellor, Rishi Sunak, presented his Spring Budget on Wednesday 03 March 2021.  In his speech he stated “we are at the beginning of a new era in this country. We have the freedom and the resources to decide our own future”.

 The Government announced a series of support packages for those businesses who may be affected by the Coronavirus outbreak. There was also a huge amount of investment agreed for UK infrastructure, alongside a host of taxation measures that could have implications for your personal and business’ affairs.

 To help you to understand how these updates will affect you, your family and your business, we have produced a summary of the main changes broken down into the areas that are most likely to be of interest to you, including personal, business, employment and capital taxes.  As always, the devil will be in the detail.

 We hope you find this budget summary useful but if you have any further queries, please do not hesitate to contact us for advice.

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Macmillan Mighty Hike 2021

As most of you know we are big supporters of Macmillan Cancer Support and our Coffee Mornings are now revered in the local area.

 This year, alongside the annual coffee and cake fest, we are embarking on something a little more energetic, The Dedham Vale Mighty Hike. We will be walking 26 miles from Kentwell Hall to Flatford on July 31 and would be very grateful for your support.

 Dan, Clare, Lisa B, Ian T, Maureen, Emily, Charlotte and Wendy will be in training from now until then, you may even see them pounding a street near you!

 We would really like to raise a very large sum of money to support the amazing work that Macmillan do each and every day and a link to our just giving page is attached to this article for your ease and generosity.

 For each and every donation…Thank You.

CHANGES OF OFFICE HOURS DURING COVID 19 OUTBREAK

We wish to advise you that we will be changing our office opening hours from next week.

From Tuesday 14 April both offices of Richard Edwards Group will be closing at 4pm on a daily basis and until working restrictions are lifted.

Please be reassured that we are still very much open for business to support you through these testing times.

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Change in the Construction Industry

CIS Reverse Charge Scheme - 1st March 2021

The VAT domestic reverse charge for building and construction services is now scheduled to come into effect from 1 March 2021.

We have pleasure in providing a pdf fact sheet below for your information to help guide you through the jargon and give an explanation on all aspects of the changes.

If you have any questions on how compliance may best be approached after reading our publication, please do not hesitate to contact us.