Deferred VAT payment from March to June 2020 If you deferred VAT between 20 March and 30 June 2020 and still have payments to make, you can: pay the deferred VAT in full on or before 31 March 2021 opt in to the VAT deferral new payment scheme, thus giving you longer to pay it […]
The rules have changed, and we recommend that before claiming from 30 November, you consider the changes carefully. The guidance for the third SEISS grant has been published by HMRC, less than one week before the portal opens for claims from 30 November 2020. Earlier government policy announcements indicated that to qualify for the third […]
We have set out below what you need to know about the new version of the coronavirus job retention scheme (CJRS 3), which now applies from November 2020 to March 2021. Which Employers are eligible to claim? All employers with a UK bank account and UK PAYE scheme Employers do not need to have previously […]
Additional government funding is being provided to local authorities to support businesses in Tier 2 lockdown. These will be businesses which are not legally closed, but which are severely impacted by restrictions on socialising. The changes will be welcomed by affected concerns in the hospitality sector who will now receive 70% of the grants paid […]
From 1 November 2020, the SEISS grant due covering the period from 1 November 2020 to 31 January 2021, is doubled from 20% to 40% of qualifying profits. This will bring support for the self-employed in line with that for employers under the Job Support Scheme Open. The amount that you can expect to receive […]
The JSS applies to all nations of the UK. The changes announced to the JSS yesterday – now called the JSS Open – are: The minimum hours an employee is required to work is dropping from 33% to 20%. Accordingly, employees working one day a week will now qualify. Government will pay 61.67% of hours […]
It is expected that many hospitality businesses in areas of the UK experiencing high COVID infection rates will be asked to close in order to slow down hospital admissions. The Government has now announced additional financial support for affected businesses. Support announced comes in two forms: A UK wide extension of the Job Support Scheme, […]
More information has now been published to the GOV.UK website regarding the Job Support Scheme (JSS). The new scheme will commence 1 November 2020, for a six-month period, when the present furlough scheme ends. A short summary of the key facts follows. Who is eligible? Conditions for employers: JSS is available to employers with a […]
More information has now been published to the GOV.UK website regarding the Job Support Scheme (JSS). The new scheme will commence 1 November 2020, for a six month period, when the present furlough scheme ends. A short summary of the key facts follows. Who is eligible? Conditions for employers: JSS in available to employers with […]
Can you claim for additional Self Employed Income Support? The second phase of the Self Employed Income Support Scheme (SEISS) starts today. The first grant covered a three month period to 13 July 2020. The second grant will cover the three months starting 14 July 2020. Those eligible for the first quarter need to have […]
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