Trump Impeached For Unprecedented Second Time

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Donald Trump became the first US president in history to be impeached twice when the House of Representatives voted Wednesday to charge him with inciting last week’s mob attack on Congress.

The Senate will not hold a trial before January 20, when Democrat Joe Biden assumes the presidency, meaning the real estate tycoon will escape the risk of being forced to leave early. He will, however, depart in disgrace — and likely due to face a Senate trial later.





US Speaker of the House, Nancy Pelosi, is unlikely to agree to stand alone aid bills that President Trump has called for, since that would surrender leverage to win support for state and local governments
 AFP / Nicholas Kamm

The only question in the House had been how many Republicans would join the Democratic majority.

In the end, 10 Republicans broke ranks, including the party’s number three in the House, Representative Liz Cheney.



US Speaker of the House Nancy Pelosi will preside over the second vote in just 13 months to impeach President Donald Trump


US Speaker of the House Nancy Pelosi will preside over the second vote in just 13 months to impeach President Donald Trump
 AFP / ANDREW CABALLERO-REYNOLDS

Holed up in the White House, Trump had no immediate reaction but he earlier issued a brief statement insisting that he opposed

HMRC opens pilot for digital VAT filing for SMEs ahead of April rule change

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A pilot for a new online VAT service was launched today, with HM Revenue & Customs (HMRC) inviting more than half a million businesses to try it ahead of new rules coming into force in April 2019.

Making Tax Digital (MTD) for VAT will make it easier for businesses to manage their tax and will save them, and their agents, time which can instead be devoted to maximising business opportunities, encouraging growth and fostering good financial planning.

From 1 April 2019, under MTD, around 1m businesses registered for VAT with a taxable turnover above £85,000 will need to keep their VAT records digitally and file their returns using MTD-compatible software. 

The pilot opens today for around half a million businesses whose affairs are up to date and straightforward, and will extend to most other business types over the coming months. HMRC has also listened to concerns and will give a small group of customers with more complex requirements a further six months to prepare. This will ensure there is sufficient time for testing the service with them in the pilot before they are required to join. 

Mel Stride MP, Financial Secretary to the Treasury, said: “HMRC is transforming the tax

Days Before Trump Exit, US Rebrands Cuba State Sponsor Of Terror

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President Donald Trump’s outgoing administration on Monday returned Cuba to the US blacklist of state sponsors of terrorism, erecting a last-minute roadlock to expected efforts by President-elect Joe Biden to ease tensions.

The terror designation severely hampers foreign investment and can only be removed after a formal review by the Biden administration, meaning it may remain in force for months.

With nine days left in office, Secretary of State Mike Pompeo cited Cuba’s ties with Colombian rebels, alliance with leftist Venezuela and sanctuary to several US fugitives in justifying the blacklisting.





US Secretary of State Mike Pompeo, seen in March 2020, has redesignated Cuba as a state sponsor of terrorism
 AFP / ANDREW CABALLERO-REYNOLDS

“With this action, we will once again hold Cuba’s government accountable and send a clear message: the Castro regime must end its support for international terrorism and subversion of US justice,” Pompeo said in a statement, referring to former leaders Fidel and Raul Castro.

“The United States will continue to support the Cuban people in their desire for a democratic government and respect for human rights, including freedom of religion, expression and association,” he said.

Then-president Barack Obama in 2015 delisted Cuba as a state sponsor

Getting to know your business credit score

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If you’re not sure how your business credit score may be affecting your organisation, you’re not alone.

Ben Buckton at Experian explains that recent research the carried out revealed almost a fifth of small business owners admitted that they felt they had an insufficient understanding of business credit scores.

For that reason, many small businesses are harming their chances of gaining access to credit, getting better deals from suppliers, and securing additional funding to help grow their business.

When looking to extend a company’s credit facility, a business credit score forms a key part of the decision-making process for financial and commercial lenders, service providers and suppliers.  So, here are some tips on how to improve your credit score:

Tip 1: Be aware of what impacts your credit score

Knowing what impacts and helps your credit score is vital. Bankruptcy, numerous applications for credit accounts in a short time period, and County Court Judgments can harm your score. Prompt payment to suppliers, filing annual accounts, and registering your business with a credit reference agency or directory, all have a positive impact on your credit score.

If you are a company director keep an eye on your own personal finances; if

Short On Alternatives, Fans Trash Twitter’s Trump Ban

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Friends, family and advisors to Donald Trump have been bitterly complaining that Twitter’s ban of the president after his supporters stormed the US Capitol amounts to an assault on free speech by radical leftists.

Ironically, given the enormous influence of the platform, they have aired their grievances first of all on … Twitter — a choice underscoring the platform’s huge readership and the relative paucity of alternatives.

“Free speech is dead & controlled by leftist overlords,” tweeted Donald Trump Jr., the president’s older son.

Asked Rudy Giuliani, the president’s personal lawyer, “Who will be silenced next?”

And Mike Pompeo — posting not as secretary of state but on his personal account — tweeted: “Sadly, this isn’t a new tactic of the Left. They’ve worked to silence opposing voices for years.”

For influential Republican senator Ted Cruz, the decisions by Twitter and some other social media were “absurd & profoundly dangerous.”

“Why,” he went on, “should a handful of Silicon Valley billionaires have a monopoly on political speech?”

Every one of the above messages was posted on Twitter, the social network that for years has been Trump’s preferred means of communicating with the public — and sometimes even with other world

The most common Self Assessment questions answered by experts

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Ahead of the Self Assessment tax return deadline on 31st January, experts answer some of the most searched for questions on the topic.

With 110,0001 searches for ‘Self Assessment’ in the UK every month, specialists from Chartered Accountancy practice, Sheards Accountancy has compiled a list of eight of the most common Self Assessment related queries and answered them for those preparing their tax returns for the end of January.

How to pay Self Assessment tax? – 1,000 monthly searches

The deadlines for paying your tax bill are usually 31st January for any tax you owe for the previous tax year and your first payment on account and then 31 July for your second payment on account. Payments need to be made to HM Revenue and Customs (HMRC) by the deadline. If you fail to pay on time, you’ll be charged interest and may have to pay a penalty.

The time you need to allow depends on how you pay. If you want to pay the same or next working day you can pay online or telephone banking , CHAPS, by debit or credit card online or at a bank or building society. To pay at a bank or

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