Chancellor Rishi Sunak has now announced the extension of the Self-Employment Income Support Scheme (SEISS) until April 2020, to the relief of many businesses. The businesses praised the scheme for helping them to stay afloat during the coronavirus lockdown. However, the scheme has also faced significant criticism for excluding a number of self-employed people who...
Rishi Sunak unveils the government’s Winter Economy Plan to protect jobs and support businesses during the coronavirus (COVID-19) downturn this winter. Chancellor announced new measures today to provide support to businesses and workers impacted by coronavirus across the UK. A new emergency jobs scheme will be introduced to protect jobs during the coronavirus (COVID-19) downturn...
The Treasury has published a consultation document on reforms to the VAT refund rules. The government departments, devolved administrations, the NHS and Highways England are eligible for VAT refunds under Section 41 of the VAT Act 1994 Under the current VAT refund rules. However, unlike commercial organisations, public sector organisations do not carry out business...
Uk government approves an additional £20 million for Small Businesses of UK are to help them recover from (COVID-19) pandemic.The government recently announced that small and medium-sized businesses will have access to grants of between £1,000 and £5,000. So, the grants will help them recover from the effects of the pandemic.Further, the funding will allow...
The Federation of Small Businesses (FSB) has urged local councils in England to ensure the speedy issuance of vital small business grants to firms that require them. The business group found that councils across England have distributed on average 92 per cent of the funds. However, only 23% of councils across England have issued 100%...
The government has released guidance on how to claim money back through the Eat Out to Help Out Scheme. Who can claim If you have registered your establishment for the Eat Out to Help Out Scheme and offered scheme discounts to diners on Mondays to Wednesdays between 3 and 31 August, you can: claim back...
The UK government Eat Out to Help Out scheme will start on 3 August and run throughout the month. Chancellor Rishi Sunak had announced this scheme in his Summer Economic Update. It will provide a 50% reduction for sit-down meals in participating cafes, restaurants and pubs across the UK from Monday to Wednesday every week...
HMRC has introduced changes to the VAT on imported goods from 1 January 2021. The government will introduce a new model for the VAT treatment of goods arriving in Great Britain from outside of the UK. The changes will ensure to treat goods from EU and non-EU countries in the same way. They will also...
HMRC has reminded employers that Coronavirus Job Retention Scheme (CJRS) claims for periods ending on or before 30 June 2020 must be made by 31 July 2020. Employers and agents must submit all CJRS claims for periods ending on or before 30 June 2020 by 31 July 2020. After this date, it will not be...
UK businesses have now borrowed over £46 billion through the government-backed coronavirus loan schemes. These schemes are helping firms during the coronavirus (COVID-19) crisis, according to the latest figures from the Treasury. In total, £46.3 billion has now been lent to over 1.1 million businesses through the following schemes: Bounce Back Loan Scheme (BBLS) Coronavirus...
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Birmingham: 9 Sheaf Lane, Coventry Road, Birmingham
London: Suite 2462, Unit 3A,34-35 Hatton Garden,London, EC1N 8DX
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Bradford: 44 7515 029751
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