CORONAVIRUS SUPPORT FOR BUSINESSES PAYING TAX: TIME TO PAY SERVICE

Updated Friday 27 March All businesses and self-employed people in financial distress, and with outstanding tax liabilities, may be eligible to receive support with their tax affairs through HMRC’s Time to Pay service. These arrangements are agreed on a case-by-case basis and are tailored to individual circumstances and liabilities. Who is eligible? You [...]

CORONAVIRUS SUPPORT FOR BUSINESSES THAT PAY BUSINESS RATES

Updated Friday 27 March Business rates holiday for retail, hospitality and leisure businesses The Government is introducing a business rates holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year. Businesses that received the retail discount in the 2019 to 2020 tax year will be rebilled [...]

CORONAVIRUS VAT DEFERRAL AND INCOME TAX PAYMENTS

Updated Friday 27 March For VAT, the deferral will apply from 20 March 2020 until 30 June 2020. Who is eligible? All UK businesses are eligible. How do I access this? This is an automatic offer with no applications required. Businesses will not need to make a VAT payment during this period. Taxpayers will [...]

CORONAVIRUS JOB RETENTION SCHEME

Updated Friday 27 March Under the Coronavirus Job Retention Scheme, all UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis. Who is eligible? All UK businesses are eligible. How do I access this? You [...]

CORONAVIRUS HELP FOR THE SELF EMPLOYED

Updated Monday 30 March Grants Under The Self-Employment Income Support Scheme (CSEISS) On 26 March 2020 the Chancellor announced a new grant scheme available to the self-employed and members of partnerships and have lost income due to coronavirus. This factsheet is based on the limited details announced by HMRC as at [...]

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