COVID19 Update: 9th April 2020 – Chancellor Rishi Sunak has announced that UK Charities are set to receive a support package worth £750 million to ensure they can continue their vital work throughout the coronavirus crisis.Continue reading
COVID19 Update: 7th April 2020 – We have outlined some clarifications for you regarding the financial help available if you are a self-employed individual – Self-Employment Income Support Scheme – here is what you need to know:
What you need to knowContinue reading
COVID19 Update: 6th April 2020: The government has now published further guidance on the Coronavirus Job Retention scheme – here are the most important clarifications and latest changes to the Job Retention Scheme – furlough facts below:Continue reading
COVID19 Update: 3rd April 2020 Changes have been made to Coronavirus Business Interruption Loan Scheme to benefit more businesses
The emergency loan scheme announced by the chancellor during the budget (CBILS) has been revamped following strong criticism that banks were taking advantage of the COVID19 crisis.Continue reading
Daily COVID19 update: 2nd April 2020 – Payroll Furlough Facts – we thought it would be beneficial to bring you the answers to the most common questions you are asking regarding the Coronavirus Job Retention Scheme – Payroll Furlough Facts & the Coronavirus Job Retention Scheme.Continue reading
Deferring self-assessment payments on account is just one of the governments measures to support your businesses during COVID19. Are you due to pay a self-assessment payment on account by 31 July 2020? Is the impact of the #coronavirus is going to cause you difficulty in making payment by that date?
You may defer your self-assessment payment until January 2021.Continue reading
VAT deferral for UK Businesses: If you are a UK VAT registered business and have a VAT payment due between 20 March 2020 and 30 June 2020, you have the option to:
- defer the payment until a later date
- pay the VAT due as normal
If your company accounts will be late because of the impact of Covid-19 you can take advantage of the immediate 3-month filing extension for company accounts.
However, you MUST apply before your filing deadline.Continue reading
The Chancellor announced help for the self-employed yesterday evening at a press conference. Are you a sole trader? We have outlined what we currently know below – please note we expect further guidance to be released soon and will update you as soon as we are aware of this.Continue reading
COVID19 Update: 27th March 2020 – Further Clarity on the Coronavirus Job Retention Scheme – The government has now provided further clarity on the Coronavirus Job Retention Scheme, we have outlined this for you below:Continue reading