fbpx

VAT deferral payment scheme online service opens

Over half a million businesses who deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay in smaller monthly instalments, HMRC has…
Read more

HMRC temporarily waives late payment penalties

The payment deadline for self assessment is 31 January and interest is charged from 1 February on any amounts outstanding. Normally, a 5% late payment penalty is also charged on…
Read more

Insolvency protection extended to April 2022 due to pandemic

The government has given businesses much-needed breathing space with extension of insolvency measures under the Corporate Insolvency and Governance Act to relieve pressure on businesses dealing with coronavirus. The government…
Read more

Chancellor extends furlough scheme to March | ICAEW

6 November 2020: Rishi Sunak has announced a five-month extension to the current Coronavirus Job Retention Scheme and increased the level of the next self-employed income support grant. — Read…
Read more

The winners from lockdown

Digital companies were the clear winners of lockdown, and that shows the way forward for SMEs to take advantage in the inevitable upturn in the 2nd half of 2020

Reinstate VAT direct debits

https://content.govdelivery.com/accounts/UKHMRCED/bulletins/2919e1c

Second SEISS grant explained | AccountingWEB

The Chancellor’s announcement on 29 May told us the — Read on www.accountingweb.co.uk/tax/personal-tax/second-seiss-grant-explained

How to apply for the Coronavirus Future Fund | Startups.co.uk

Launching in May 2020, the scheme offers convertible loans of between £125,000 and £5m to ‘innovative’ companies facing difficulty — Read on startups.co.uk/coronavirus-future-fund/