Winter Economy Plan support for the self-employed

Oct 02, 2020

As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension. The grant:

  • will be limited to self-employed…

Read more

VAT deferral and enhanced Time to Pay for self assessment

Oct 02, 2020

Over half a million businesses deferred VAT payments, which were due in March to June 2020, with these payments becoming due at the end of March 2021.

As part of the Winter Economy Plan the…

Read more

Changes to the Bounce Back Loan and Coronavirus Business Interruption Loan Schemes

Oct 02, 2020

The Bounce Back Loan Scheme (BBLS) has provided support to many UK-based small businesses. Loans are between £2,000 and £50,000, capped at 25% of turnover, with a 100% government guarantee to the lender.…

Read more

Ministers announce new grants for businesses affected by local lockdowns

Oct 02, 2020

Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.

To be eligible for the grant, a business…

Read more

The VAT reverse charge

Oct 02, 2020

HMRC has issued detailed guidance on the domestic reverse charge changes scheduled for 1 March 2021.

The reverse charge represents part of a government clampdown on VAT fraud. Large amounts…

Read more

New trade arrangements with the EU from 1 January 2021

Oct 02, 2020

HMRC has sent letters to VAT-registered businesses in Great Britain trading with the EU, or the EU and the rest of the world. They explain what businesses need to do to prepare for new processes for…

Read more

House sales rise following the introduction of stamp duty holiday

Oct 02, 2020

The government has announced that residential property transactions rose 15.6% in August following the introduction of a stamp duty holiday.

The government has announced:

  • a rise…

Read more

Kickstart Scheme opens for applications

Sep 04, 2020

On 2 September 2020, the government's £2 billion Kickstart Scheme opened for employer applications.

The scheme is part of the Plan for Jobs announced during Chancellor Rishi Sunak's July Summer…

Read more

Self Employment Income Support Scheme Grants

Sep 04, 2020

HMRC are inviting those individuals that are self employed or a member of a partnership and have been adversely affected by coronavirus to claim a second grant under the Self Employed Income Support…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up