In order to decrease unemployment amongst young people in England, the Government has announced additional payments for employers hiring apprentices. Currently employers can receive a
The government will give Self-assessment taxpayers 12 more months to pay their taxes. The following rules apply: amounts due in January 2021 can be deferred
The Bounce Back Loan length has been extended from 6 to 10 years. This means that the monthly repayments can be reduced by nearly 50%.
Any businesses who has taken advantage of the VAT deferral earlier this year have been given the option to make smaller monthly payments instead of paying off in one
The VAT cut (from 20% to 5%) for the tourism and hospitality sectors has been extended from 12 January and will now end on 31 March 2021. The reduced rate of 5% applies
The Government have announced two further grants for the self-employed (not companies). The grants (SEISS) will cover the period from November 2020 to April 2021
You can now see a video from our September COVID-19 business update webinar. During the webinar Jon Rata explained the financial support available to businesses, as announced in the Government’s Winter Economy Plan.
As the country prepares for a winter where trade will be difficult, the government have announced further support for businesses. Funds will be available: to
The Kickstart Scheme is designed to pay for 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment.
As we head in to an uncertain winter, we can gain strength from each other by coming together as a community.
At JP Rata we will be doing our bit by sharing information quickly, in a way that is easy for other business owners to understand.
