Posted in Business Support
Most companies will have fairly healthy accounts up to the middle of March 2020 when the lock-down of activity to control coronavirus started.
Since that date, many firms will have struggled to maintain profitability even with the support of the
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The Self-employment Income Support Scheme (SEISS) opened for applications at 8am on 13 May 2020. The scheme will provide grants of up to £2,500 per month based on 80% of average profits to qualifying applicants.
HMRC has reiterated that the
Continue readingPosted in Value Added Tax
The government has introduced a zero-rate of VAT on the sale of personal protective equipment (PPE) for Covid-19. The temporary measure will apply from 1 May 2020 until 31 July 2020 unless any further extensions are announced. This move will save
Continue readingPosted in General
Government guidance on businesses in England that must presently stay closed has been updated. The government is clear that failure to follow the law relating to these closures can lead to the individual responsible for the business being issued a
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