Category: News

VAT rates to change again and again

VAT rates to change again and again

VAT rates to change again and again July 2020 saw the almost unprecedented situation of VAT rates being slashed to 5% within the hospitality and leisure sectors. This move by the Chancellor, was initially set to run until mid-January, however, was extended to the end of March, mainly due to continued lockdowns, and once again […]

Are you still paying or going to pay too much?

Are you still paying or going to pay too much? Payment terminal with credit card and receipt isolated on red background, 3D render

Are you still paying too much? Pre-Covid, businesses were quite happy to take advantage of tax breaks, low cost of borrowing and enter long-term, typically, 4-year lease-finance purchases for new Epos systems or rental agreements for Merchant terminals. Post-Covid, not so…Whilst there are still alternatives to cash. Some businesses have been lured to the prospect […]