Category: Merchant Services

Are you still paying or going to pay too much?

Are you still paying or going to pay 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 purchase 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 of free or very low-cost […]

VAT RATES TO CHANGE AGAIN AND AGAIN

VAT RATES TO CHANGE AGAIN AND AGAIN

EIGHT MORE MONTHS BEFORE RETURN TO NORMAL – TIME TO PAY IT FORWARD 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 […]