Thousands of business hope to make use of the various grant payments being made available by the Government and local authorities in response to the Coronavirus pandemic. However, those in…
COVID-19
CGT reporting of property sales to be given more time
It was announced that from the start of April all Capital Gains Tax (CGT) from residential property sales would have to be reported and paid to HM Revenue & Customs…
Four new Coronavirus Business Interruption Loan Scheme (CBILS) lenders announced
The Government’s British Business Bank, which oversees the Coronavirus Business Interruption Loan Scheme (CBILS), has confirmed the addition of four new lenders businesses can approach to access the scheme. The…
Detailed guidance published on the Self-Employed Income Support Scheme
HM Revenue & Customs (HMRC) has published detailed guidance on the working of the Self-Employed Income Support Scheme (SEISS), which was announced by the Chancellor as part of the Government’s…
OBR warns that the UK economy may contract by more than a third before bouncing back by end of 2020
The Office for Budget Responsibility (OBR) has released a new report which suggests that the UK economy may shrink by 35 per cent in June as a result of the…
Easter Weekend updates to the Coronavirus Job Retention Scheme
Over the Easter Weekend, the Government published a further update to its guidance on the operation of the Coronavirus Job Retention Scheme (CJRS). The CJRS allows employers to retain employees…
Government extends Coronavirus Business Interruption Loan Scheme to all SMEs
More than £90 million in finance has been approved since the launch of the Coronavirus Business Interruption Loan Scheme (CBILS), it has been revealed.
COVID-19: Government to cover employer NICs and pension contributions of furloughed workers
The Government has announced that it will cover employer National Insurance Contributions (NICs) and pension contributions of furloughed workers.
Take care – Coronavirus fraud on the rise
The Government has issued fresh warnings to members of the public and businesses about the potential for fraud related to the Coronavirus pandemic. Local authorities, police forces and specialist fraud…
Government updates guidance on small business and retail sector grant schemes
The Government has published new guidance for local authorities on the small business and retail sector grant schemes. These are one of several measures introduced by the Government to help…