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Using Your Own Car In Property Business

Blog / Cloud 9 Accounting Team

A landlord running an incorporated business is likely to need to use their own car in property business. Where this is the case, what can they claim by way of expenses? Two options Costs incurred wholly and exclusively for business purposes can be deducted when working out the profits of a property business. When it […]

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Lockdown – Can Your Holiday Let Still Count As A FHL?

Blog / Cloud 9 Accounting Team

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Postponed VAT Accounting From 1 January 2021

Blog / Cloud 9 Accounting Team

The Brexit transitional period comes to an end of 31 December 2020 and various changes come into effect from 1 January 2021. One of these changes is the introduction of postponed VAT accounting. This will affect you if you are a VAT-registered business and you import goods into the UK, particularly if you do not

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Have You Got Your EORI Number?

Blog / Cloud 9 Accounting Team

From 1 January 2021, you will need an Economic Operators Registration and Identification (EORI) number to move goods between Great Britain and the EU. Prior to 1 January 2021, you only needed an EORI number if you move goods between the UK and non-EU countries. If you do not already have an EORI number, you

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Grants For Businesses Affected By National Restrictions

Blog / Cloud 9 Accounting Team

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