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The Coronavirus Self-Employment Income Support Scheme – Fifth SEISS Grant introduces a turnover test

The Coronavirus Self-Employment Income Support Scheme – Fifth SEISS Grant introduces a turnover test

  • July 30, 2021
  • by Barrons
  • No Comments

The eligibility criteria for the fifth SEISS grant have been further tightened. Claimants are being contacted now, by HMRC, by email or letter, setting out when a claim can be made.  Applications for this grant open late July and close…

The Coronavirus Self-Employment Income Support Scheme – Extension For New (Previously Excluded) & Existing Claimants

The Coronavirus Self-Employment Income Support Scheme – Extension For New (Previously Excluded) & Existing Claimants

  • March 22, 2021
  • by Barrons
  • No Comments

In the latest Budget, the Government announced details of who can claim the fourth SEISS grant and the level that claims can will be paid out at.  Some significant changes have been introduced for the fourth grant, please take a…

Coronavirus Business Interruption Loan Scheme (“CBILS”) – Imminent Closure

Coronavirus Business Interruption Loan Scheme (“CBILS”) – Imminent Closure

  • March 22, 2021
  • by Barrons
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The Coronavirus Business Interruption Loan Scheme (CBILS) set to close for applications at the end of March 2021. If you intend to make an application for a CBILS loan you must ensure that your Bank / chosen financier has lodged…

Domestic Reverse Charge for the Construction Industry

Domestic Reverse Charge for the Construction Industry

  • March 9, 2021
  • by Barrons
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After several delays, the Government has now formally announced that the domestic reverse charge rules for the building and construction industry will be introduced effective from the 1st March 2021. You are recommended to read this synopsis and to use…

The Budget 2021 – What Changes Might Impact Me & My Business

The Budget 2021 – What Changes Might Impact Me & My Business

  • March 8, 2021
  • by Barrons
  • No Comments

This week, the Chancellor announced extensions to a number of current COVID-19 schemes, alongside additional support for individuals and businesses, as the UK continues to navigate the impact of the pandemic. We have sought to summarise some of the immediate key measures…

The Coronavirus Self-Employment Income Support Scheme – Deadline Approaches For Claiming Third SEISS Grant

The Coronavirus Self-Employment Income Support Scheme – Deadline Approaches For Claiming Third SEISS Grant

  • January 24, 2021
  • by Barrons
  • No Comments

Claims for the third SEISS grant must be submitted by 29 January 2021.  The timing of the deadline for claims for the third Self Employment Income Support Scheme (SEISS) grant is perhaps unfortunate, clashing as it does with the self assessment filing…

After another week of turmoil and changes in Government policy…

After another week of turmoil and changes in Government policy…

  • December 21, 2020
  • by Barrons
  • No Comments

Quite aside from how your Family Christmas plans have been affected by COVID-19 , the Chancellor has been busy trying to put stepping stones in place to support business contend with tough conditions for what seems likely to continue for…

Important Extensions to the Corporate Insolvency and Governance Act …

Important Extensions to the Corporate Insolvency and Governance Act …

  • December 21, 2020
  • by Barrons
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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…

The Coronavirus Self-Employment Income Support Scheme

The Coronavirus Self-Employment Income Support Scheme

  • November 30, 2020
  • by Barrons
  • No Comments

– 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…