Dear subscriber,

We have outlined below some important updates for your business.

Please email your Manager or Director or call 01 4394200 for further details.

Warm regards,

The team at OSK

VAT rate change from 1 March 21

The temporary reduction to the standard VAT rate ended on 28 February 2021 and the standard VAT rate of 23% applies from 1st March 2021.

Find out the actions required for invoices and credit notes

Tax Summary Card 2021 now available

This handy pocket sized card provides a summary of the provisions of the Finance Bill 2020.

A copy has been posted to you but you can click here to download or, if you haven't received your copy please email us and we will post to you.

Brexit – Changes for UK Resident Directors from 1 Jan 2021

With the UK now departed from EU, companies with UK resident directors only are now required to comply with section 137 Companies Act 2014. This is the requirement to have an EEA-resident director.

Clcik here for details.