Spotlight - Government Announcements
HMRC launches VAT deferral new payment scheme
Firms can pay equal consecutive monthly instalments from March 2021.
Read moreHMRC waives 5% late payment penalty
Payments should be made by 1 April 2021 to avoid fine.
Read moreTreasury delays business rates review
Report pushed back due to pandemic uncertainty.
Read moreHMRC confirms 12-month ‘soft landing’ for IR35
New reforms to go ahead as planned on 6 April.
Read moreGovt. unveils £20m SME Brexit support fund
The grants are worth up to £2,000.
Read moreFirms get more time to repay bounce-back loans
Repayments can be spread over ten years, rather than six.
Read moreGovt. announces £1,000 cash boost to help firms take on trainees
The cash boost will be made available from 31 July 2021.
Read moreHMRC waives penalties for late-filed tax returns
Fines to kick in after 28 February 2021.
Read moreBig businesses to reduce payment times to small suppliers
50,000 small firms close every year due to late payments.
Read moreChancellor unveils £4.6bn support package
Firms will be able to receive up to £9,000.
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