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Handling VAT in the event of a “No Deal” Brexit

Please note, the points below will only come into effect if there is a ‘no deal’ Brexit.  If there is a deal with the EU then there should be a transitional period where most items will remain as they are currently for a period (maybe 12-18 months) to allow for...

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TC SUPPORTS BLUE RIBBON AWARDS

Owners and employees from businesses across the Tendring area of North Essex enjoyed an evening of celebration at the fourth Tendring Blue Ribbon Business Awards supported by TC’s Clacton-on-Sea and Colchester offices. The event at Clacton’s Princes Theatre was kicked...

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CHARITIES FACE UNPRECEDENTED RISK THROUGH FRAUD

The charity sector faces unprecedented risks in the form of the emerging threats of cyber security and data and accounting manipulation.   Mark Cummins of TC Group told delegates at a seminar that the consequences of fraud can range from disillusioned...

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HMRC Delays Construction Industry Reverse Charge

HMRC have announced a delay to the implementation of the Construction Industry Reverse Charge to 1 October 2020.   The reason given by HMRC is that representations from the Construction Industry have convinced them that it is not ready for the new rules. Therefore,...

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CHANGES TO DIRECT BANK FEEDS – BE PREPARED

Users of cloud accounting software that utilise the bank feed feature need to be prepared for major changes that will come into effect from March 14, 2020, especially if they are with Barclays. These are a result of changes to EU law that are designed to create an...

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Preparing for Brexit

The Brexit process continues and recent events have made the situation even more complex and unpredictable.   As the clock ticks down to October 31st 2019 when the UK is scheduled to officially leave the EU, there is still much uncertainty around what Brexit will...

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