COVID-19 Updates
Super-deduction
You will be able to claim a deduction from your corporation tax bill if you invest in new productivity enhancing plant and machinery. The expenditure
March 16, 2021
You will be able to claim a deduction from your corporation tax bill if you invest in new productivity enhancing plant and machinery. The expenditure
Businesses can now take advantage of the VAT Deferral New Payment Scheme. It will allow them to pay the deferred VAT from last year in
HMRC will not charge the initial 5% late payment penalty, providing that you pay your tax or make a Time to Pay arrangement by 1
On 8 February 2021, the government announced additional flexibility in repaying Bounce Back Loans: borrowers will be able to individually adjust their Bounce Back Loan
HMRC have decided not to issue late filing penalties for filing your 2019-2020 tax return late, providing that you file online by the end of
HMRC have said, that if you cannot submit your return on time because of a reasonable excuse related to coronavirus, they may waive the
The Job Retention Scheme (known as furlough) has been extended again and will now be open until 30 April 2021. The government will pay 80%
The Job Retention Scheme (known as furlough) has been extended to 31 March 2021. The government will pay 80% of wages for hours not worked,
The grant you can apply for from 30 November has just been increased. It is now 80% of three months profit. This will increase the