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Additional time to pay back deferred VAT

At the start of the pandemic, HMRC allowed VAT registered businesses to defer payment of any VAT that fell due in the period from 20 March 2020 to 30 June 2020. In his Winter Economy Plan, the Chancellor extended the deadlines by which the deferred VAT must be paid, relieving some cashflow pressure on those…Read More

Coronavirus: Financial support for the Self-employed – first look

After days of speculation we now have clarity over the financial support available to the self-employed. The announcement made by the Chancellor reflects the support available to employed workers. The key points from the Chancellors statement are as follows: The maximum grant available to the self-employed individual will be the lower of: £2,500 and 80%…Read More

Coronavirus small business Grants and reliefs

In these uncertain times we are here to support British Small Businesses. We have compiled a list of key points arising from recent announcements by Government that will positively impact businesses affected by the Corvid-19 virus. Please note that as this is a fast moving situation more information will be issued over the coming days…Read More