Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.
Job Support Scheme
The existing job support scheme, the furlough scheme, comes to an end on 31 October.
Click here for the full story
Winter Economy Plan support for the self-employed
As part of the Winter Economy Plan the Self-Employment Income Support Scheme (SEISS) will be extended under the name SEISS Grant Extension.
Click here for the full story
VAT deferral and enhanced Time to Pay for self assessment
As part of the Winter Economy Plan the government has announced options for deferred VAT and income tax self assessment payments.
Click here for the full story
Changes to the Bounce Back Loan and Coronavirus Business Interruption Loan Schemes
The government has announced options to extend terms and change payments.
Click here for the full story
The VAT reverse charge
HMRC has issued detailed guidance on the domestic reverse charge changes scheduled for 1 March 2021.
Click here for the full story
Ministers announce new grants for businesses affected by local lockdowns
Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.
Click here for the full story
New trade arrangements with the EU from 1 January 2021
HMRC has sent letters to VAT-registered businesses in Great Britain trading with the EU, or the EU and the rest of the world.
Click here for the full story
House sales rise following the introduction of stamp duty holiday
The government has announced that residential property transactions rose in August following the introduction of a stamp duty holiday.
Click here for the full story