Firms still owe HMRC billions after VAT holiday

Firms still owe HMRC billions after VAT holiday

More than one in four businesses that were allowed to defer tax payments during the spring lockdown last year still owe the Treasury billions. A total of 156,500 out of 590,000 businesses that took advantage of Rishi Sunak’s VAT deferral between March and June have...
VAT Deferral: New Payment Scheme

VAT Deferral: New Payment Scheme

VAT Deferral: New Payment Scheme How can I opt-in to the new payment scheme? How many instalments can I pay my deferred VAT in? I am having difficulty using the online service, what can I do? What if I am still not able to pay my deferred VAT? If you deferred VAT...
Spring Budget 2021 – Budget Brochure

Spring Budget 2021 – Budget Brochure

It’s hard to believe Rishi Sunak has only been in office for a little over a year given what the Chancellor has had on his plate over the last 12 months. At lunchtime on 3rd March 2021 he delivered his second budget announcement, the first following the Coronavirus...
Self Employed Income Support Scheme Round Two Opens 17th August

Self Employed Income Support Scheme Round Two Opens 17th August

The Self Employed Income Support Scheme (SEISS) has been extended to a second round. The first round is now closed to applicants and round two will open on Monday 17th August. If you were eligible for the first grant and can confirm to HMRC that your business has been...
Eat out to help out scheme details

Eat out to help out scheme details

The government has launched its latest scheme to support the struggling hospitality sector on 3 August, based on the initial uptake it has proved to be popular with the scheme being used more than 10.5 million times in the first week. The scheme has already had an...