HM Revenue & Customs (HMRC) has announced that its online VAT Deferral New Payment Scheme is now open for applications to help businesses arrange smaller monthly repayments of deferred VAT. Under the New Payment Scheme, you can repay VAT deferred between 20 March and 30 June 2020 in up to Read more…
Covid-19 Business Support Hub
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Please read the articles below for our latest updates.
Businesses who opted to defer VAT payments in 2020 can now pay their liabilities in smaller monthly instalments, it has been announced. (more…)
More than £18 million has been awarded to cultural and heritage organisations in the latest round of the Culture Recovery Fund, it has been announced. (more…)
Following HM Revenue & Customs’ (HMRC) announcement that it is waiving late filing penalties for Self-Assessment taxpayers who file by 28 February, it has now announced that it is waiving the five per cent late payment penalty that usually applies from 3 March for taxpayers who pay or set up Read more…
Hospitality firms across the UK are urging Chancellor Rishi Sunak to extend the VAT reduction for a year due to the impact of coronavirus. (more…)