In this month's Enews, we report on the progress of the government's schemes to help businesses and the self-employed during the COVID-19 pandemic. Bounce Back loans for small businesses were the latest in a raft of measures announced by Chancellor Rishi Sunak, which are starting to make a p...
In this month's Enews we report on legislation that has been introduced to alter reporting obligations for residential property gains chargeable on UK resident individuals, trustees and personal representatives. We also analyse the support package announced by Chancellor Rishi Sunak to help...
COVID-19: Guidance for employers update 4th April 2020
HMRC issued updated guidance on 04/04/2020 in line with some of the main queries they have received from stakeholders. Whilst all the guidance has been refreshed, the main areas we would draw your attention to are the more detailed information on scheme eligibility further information on ...
Deferral of VAT payments as a result of COVID-19
You may be aware that the Chancellor announced a VAT payments deferral on 20 March to support businesses with cashflow problems during the COVID-19 pandemic. This means that all businesses with a UK VAT registration have the option to defer VAT payments due between 20 March and 30 June....
COVID-19: Government support tracker
This tracker covers measures announced by the government to support individuals and businesses, as we get through COVID-19. Measures are being announced and this tracker is updated on a daily basis. The Corona Virus bill gives the government emergency powers to deal with the crisis in any ...
Companies to receive 3-month extension period to file accounts during COVID-19
From today (25 March 2020), businesses will be able to apply for a 3-month extension for filing their accounts. This joint initiative between the government and Companies House will mean businesses can prioritise managing the impact of Coronavirus. There are approximately 4.3 million businesse...