As the year draws to a close, the Government has recently announced that it will extend some temporary provisions in the Corporate Insolvency and Governance Act, as well as reinstate one that had already lapsed. Extension of Temporary Suspension of…

– Third SEISS Grant introduces “significantly reduced profits” test…. The eligibility criteria for the third SEISS grant have been further tightened, as the guidance for the third Self-employment Income Support Scheme (SEISS) grant has been published, less than one week before the…

Now that the Government has provided fuller particulars of the new  Job Retention Scheme Extended there are a few points that we would like to draw to your attention.   Who Is Eligible? The CJRS as re-engineered from 1 November…

HMRC have now updated their guidance upon how traders should go about settling VAT that was deferred in the period between 20‌‌‌‌‌‌ March and 30‌‌‌ June 2020. The Government has set out more particulars as to the options and how…

The Government has now set out further particulars of how the Job Retention Scheme Extended is intended to work following through to 31st March 2021 (effective from 1st November 2020) Whilst many of the guidelines have remained the same, there…

Following the announcement of the ability to defer tax payments in July 2020, the Government has announced enhanced payment arrangements for those paying income and capital gains tax via self-assessment. HMRC has increased the upper threshold for online applications for…

The Coronavirus Business Interruption Loan Scheme (CBILS) has again been extended, and is now due to close on 31st January 2021. Please refer to our previous posts concerning the Scheme should you wish to research your potential to benefit from…

In a week that started with a perhaps not unexpected Government announcement introducing Lockdown II, things continued to move at a pace as Rishi Sunak announced details of a five-month extension to the current Coronavirus Job Retention Scheme. The Self-Employment Income…

In the last week, the Government has updated it’s advice in relation to employees who are required to work from home as a result of COVID-19. If you have asked your employees to work from home, and you have not…

Following the announcement of the ability to defer tax payments in July 2020, the Government has announced  enhanced payment arrangements for those paying income and capital gains tax via self assessment. HMRC has increased the upper threshold for online applications…