Pay VAT deferred due to coronavirus

Pay VAT deferred due to coronavirus

HMRC has issued guidance on paying deferred VAT. 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 into the VAT deferral new payment scheme when it launches in...
Self-Employment Income Support Scheme (SEISS)

Self-Employment Income Support Scheme (SEISS)

HMRC has issued guidance on the third SEISS grant and specifically how trading conditions affect eligibility. To be able to claim for the third grant, you must either: be currently trading but are impacted by reduced demand due to coronavirus have been trading but are...
Coronavirus Job Retention Scheme (CJRS) extended

Coronavirus Job Retention Scheme (CJRS) extended

The CJRS has been extended to 31‌‌‌ ‌March 2021 for all parts of the UK and HMRC has updated its guidance. From 1‌‌‌ ‌November the Government will pay 80% of employees’ usual wages for the hours not worked, up to a cap of £2,500 per month. The government will review...
Covid-19: Christmas arrangements

Covid-19: Christmas arrangements

A joint statement on UK-wide Christmas arrangements from the UK Government and Devolved Administrations has been published outlining UK wide arrangements for Christmas. They have agreed that: Travel restrictions across the four administrations and between tiers will...