Lenders have given over 1.6 million mortgage payment holidays to support customers impacted by Coronavirus, UK Finance revealed. Payment holidays are now covering 1/7 mortgages following lenders’ steps to help households. Coronavirus crisis has affected the finances of homeowners badly. For the average mortgage holder, the payment holiday amounts to £755 per month of...
HMRC and the Treasury have extended their tax policy consultation deadlines. They have set out revised timelines for tax policy consultation and other work in the light of the current Covid-19 crisis. Government has extended the deadlines in order to allow more time for feedback but has declared that all planned reforms will still go...
ONS held a survey on Business Impact of COVID-19 Survey for the period 23 March to 5 April 2020. Respondents were asked to respond to the questions between 6 April and 12 April 2020. The questions were based on their experiences from 23 March to 5 April 2020. Office for National Statistics (ONS) has revealed...
The chancellor has expanded the government-backed Coronavirus Large Business Interruption Loan Scheme to cover all viable firms. Ahead of the scheme’s launch on Monday (April 20), Sunak unveils the final details of Coronavirus Large Business Interruption Loan Scheme. Who is eligible for the Coronavirus Large Business Loan Scheme? all viable businesses with turnover of more...
Uinsure has launched a new Covid-19 initiative to support mortgage advisors and their clients in these unprecedented times. They are offering two years commission upfront for advisers as part of a new Covid-19 support initiative. Uinsure will also pay any policy cancellation fees for clients. Uinsure says remortgages and product transfers are still proceeding....
The Melton Building Society is launching its new desktop valuation service for mortgages up to 90% loan-to-value. On the other hand, Swansea Building Society has increased its use of “drive-by” inspections. From tomorrow, Melton will allow desktop valuations on all cases that meet these criteria apart from new-builds. The new service will also be...
HMRC has confirmed it will not charge late filing penalties for capital gains tax (CGT) payment on disposals of UK residential property by UK residents made by 31 July 2020. The announcement came in a question and answer factsheet shared with ICAEW’s Tax Faculty. The gov.uk has not published the information yet but HMRC has...
On Wednesday 08 April, the Chancellor announced £750 million to support for the charity sector in response to coronavirus. The funding package announced by the Chancellor include cash grants, which will be supplied to charities that provide key services during the crisis. Support for small, local charities Scheme declared £370 million to support small,...
Lloyds Banking Group has agreed mortgage repayment holidays for more than 300,000 customers since the start of the Covid-19 outbreak. LBG has helped hundreds of thousands of business and retail customers affected due to Covid19. This includes agreeing mortgage repayment holidays for more than 300,000 customers. Lloyds says it has also implemented payment holidays...
HMRC has revealed guidance to check when a business must follow the rules for Making Tax Digital for VAT. HMRC has announced that due to coronavirus (COVID-19), the businesses can delay (defer) any VAT payments due between 20 March 2020 and 30 June 2020. If they choose to defer a VAT payment, they will have...
Offices
Leeds: 94 Street Lane, LS8 2AL
Birmingham: 9 Sheaf Lane, Coventry Road,B26 3EJ
London: Suite 2462, Unit 3A,34-35 Hatton Garden, EC1N 8DX
Bradford: 22 Muirhead Drive, BD4 0HJ
Birmingham: 9 Sheaf Lane, Coventry Road,B26 3EJ
London: Suite 2462, Unit 3A,34-35 Hatton Garden, EC1N 8DX
Bradford: 22 Muirhead Drive, BD4 0HJ
OUR LOCATIONSWhere to find us
CareAccountancyOffices
Leeds: 94 Street Lane, Leeds
Birmingham: 9 Sheaf Lane, Coventry Road, Birmingham
London: Suite 2462, Unit 3A,34-35 Hatton Garden,London, EC1N 8DX
Bradford: 22 Muirhead Drive, Bradford, BD4 0HJ
Birmingham: 9 Sheaf Lane, Coventry Road, Birmingham
London: Suite 2462, Unit 3A,34-35 Hatton Garden,London, EC1N 8DX
Bradford: 22 Muirhead Drive, Bradford, BD4 0HJ
OUR LOCATIONSWhere to find us
Leeds: 0113 8870 218
Birmingham: 0121 7268 542
London: 0208 0908 998
Bradford: 44 7515 029751
Birmingham: 0121 7268 542
London: 0208 0908 998
Bradford: 44 7515 029751
GET IN TOUCHCare Accountancy Social Links
Taking seamless key performance indicators offline to maximise the long tail.
Copyright by CareAccountancy. All rights reserved.
Copyright by CareAccountancy. All rights reserved.