25.09.20
The Chancellor, Rishi Sunak, has announced a new job protection scheme and a range of new business support measures. Announcing his Winter Economy Plan at a hastily
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Reminder: Deferral of second payment on account
Those facing financial difficulty as a result of COVID-19 are being reminded that they can defer their second 2019/20 self-assessment payment on account, normally due
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Reminder: National Living Wage set to increase from April
On 1 April 2020 the Government will introduce increases to the National Living and Minimum Wage. From this date the National Living Wage (NLW) will rise from £8.21...
Reminder: VAT payment deferral period has ended
The financial support offered by the Government through the VAT payment deferral scheme has come to an end. This period, which was intended to support businesses
Renovated homes that have been empty for two years can qualify for a reduced rate of VAT
Although a key VAT-saving measure for listed dwellings was abolished in October 2012, there are still circumstances in which a renovation project can be subject to...
Research finds lack of knowledge, information and skills are key barriers to Making Tax Digital compliance
A report commissioned by HM Revenue & Customs (HMRC) to find out why 16 per cent of businesses have failed to comply with Making Tax Digital (MTD) for VAT more than a
Revised Coronavirus Business Interruption Loan Scheme (CBILS)
The Government has announced significant revisions to the Coronavirus Business Interruption Loan Scheme (CBILS) that come into effect from Monday 6 April 2020, opening
Second round of Self-Employment Income Support Scheme (SEISS) opens on Monday
The second round of the Self-Employment Income Support Scheme (SEISS), which is worth 70 per cent of three months’ average trading profits, capped at £6,570, launches
Self-Employment Income Support Scheme (SEISS) extended
The Chancellor has confirmed the extension of the Self-Employment Income Support Scheme (SEISS), with the announcement of a second and final grant to support the...
Seven tips to get start-ups off the ground
Out of the doom and gloom of the pandemic, new businesses are sprouting up – many built around successful concepts launched and developed during lockdown. Launching a
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