At the height of the first Coronavirus lockdown HMRC announced that you would be able to defer your VAT liabilities due between the period of 20 March to 30 June 2020 until 31 March 2021.
With the latest restrictions being put into place, Chancellor Rishi Sunak has announced £4.6bn to support businesses on a per-property basis which will benefit over 600,000 business properties.
With a huge hole in the public finances caused by the Covid pandemic, and a manifesto promise not to raise income taxes, some form of wealth tax looks increasingly inevitable, says Natalie Miller .
The government have confirmed that the Coronavirus Job Retention Scheme, otherwise known as the furlough scheme, has been extended until the end of April 2021.
Following the Prime Minister, Boris Johnson’s, statement on Saturday (31 October) it was announced that England is to enter a further National Lockdown from 5 November 2020, ending on 2 December 2020 at the earliest.
When announcing the ‘Winter Economy Plan’ in September 2020, the government confirmed that the Self Employment Income Support Scheme (SEISS) will continue until April 2021.
The Government has announced huge changes to the Job Support Scheme (JSS) after their initial announcement failed to impress.