Like thousands of other businesses, yours is likely to have been affected in some way by the ongoing Coronavirus crisis and the restrictions that have been imposed.
We are working hard to support a wide range of businesses during this difficult time by providing advice, information and support. To find out how our team can help you during this challenging period and beyond, please contact us.
Loans, Grant and Deferrals
- Green Homes Grant guidance published
- Government extends childcare funding for families affected by the pandemic
- Don’t forget to make an SEISS claim by 13 July!
- Coronavirus grants to businesses, employers and individuals are taxable
- COVID-19: Government’s Bounce Back Loan Scheme distributes £23 billion in finance
- Defra to launch dairy response fund to support English farmers
- Coronavirus Future Fund opens to applications
- Government launches Business Support Finder tool
- Expanded Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched
- Four new Coronavirus Business Interruption Loan Scheme (CBILS) lenders announced
- Accounting for grant payments
- Coronavirus Job Retention Scheme – Portal opens Monday 20 April 2020
- Coronavirus Job Retention Scheme
- Latest amendments to the Coronavirus Job Retention Scheme announced
- The Coronavirus Large Business Interruption Loan Scheme (CLBILS)
- Government extends Coronavirus Business Interruption Loan Scheme to all SMEs
- Revised Coronavirus Business Interruption Loan Scheme (CBILS)
- COVID-19: Government to cover employer NICs and pension contributions of furloughed workers
- Government confirms that furlough rules do not leave employers at risk of breaching minimum wage rules
- Government updates guidance on small business and retail sector grant schemes
- The Coronavirus Jobs Retention Scheme and employers’ National Insurance and Pension contributions
- Commercial Rent Deferrals
- Tax and Companies House Deferrals
- Business rates relief extended
- Coronavirus Business Interruption Loan Scheme (CBILS)
- Coronavirus (COVID-19) Business Grants
- Coronavirus Job Retention Scheme Guidance Published
- HMRC: Self Assessment payment on account deferral scheme open to ALL taxpayers
Insolvency
- New Corporate Insolvency and Governance Bill to extend accounting deadlines
- One-third of SMEs ‘may never re-open’ after Covid-19, study reveals
- Suspension of director liability for wrongful trading
Employment
- Key dates for Coronavirus support schemes
- Eat Out to Help Out opens for claims
- Coronavirus Statutory Sick Pay Rebate Scheme now open for claims
- Self-Employment Income Support Scheme (SEISS) extended
- One in 10 firms unable to reopen safely under current guidance, study reveals
- What happens if my employees have to self-isolate following contact tracing?
- Coronavirus Job Retention Scheme – the next steps
- COVID-19 – An assessment of safe working arrangements
- Statutory Residence Test changed to allow skilled workers from around the world to assist the UK’s Coronavirus response
- Holiday rules relaxed to allow annual leave to be carried over to next two years
- Employment
VAT and MTD
- Government confirms the next steps for the digitisation of taxation
- COVID-19: The key dates for your tax diary
- Remember to reinstate your VAT direct debit in time for your next payment
- VAT deferral refund available
- Government delays VAT Reverse Charge
- Government delays VAT Reverse Charge again
- Soft-landing period for MTD for VAT extended to April 2021
- Deferring VAT – HMRC confirms businesses should cancel VAT direct debits
Personal taxes and finances
- Paying for COVID-19: Government begins exploring tax take back
- Coronavirus apprenticeships guidance updated
- COVID-19: The key dates for your tax diary
- HM Revenue & Customs clarifies repayments of Corporation Tax and anticipated losses
- Guidance on exceptional circumstances for higher rate SDLT refunds updated
- Changes to notifying an option to tax (VAT) on land and buildings during the Coronavirus pandemic
- Coronavirus Statutory Sick Pay Rebate Scheme set to open for claims
- Applying for a Coronavirus Business Interruption Loan Scheme (CBILS)
- Businesses urged to apply for Companies House filing extension before deadline
- Enterprise Finance Guarantee scheme – eligibility restrictions for small businesses
Self Employed
- Self-assessment taxpayers can “automatically defer payments on account”, HMRC confirms
- Don’t forget to make an SEISS claim by 13 July!
- COVID-19: The key dates for your tax diary
- Key dates for Coronavirus support schemes
- Coronavirus grants to businesses, employers and individuals are taxable
- Further clarification issued on eligibility for second round of Self-Employment Income Support Scheme
- Self-Employment Income Support Scheme (SEISS) extended
- Self-Employment Income Support Scheme open for business
- Get ready to claim the Self-Employment Income Support Scheme (SEISS)
- Are you eligible for the Self-Employment Income Support Scheme (SEISS)?
- I’m a director of a small company – what support is open to me during the Coronavirus outbreak?
- Employers should continue to meet automatic enrolment obligations despite coronavirus disruption, says TPR
- How total income and trading profits will be calculated for the Self-Employed Income Support Scheme
- Government SEISS guidance updated
- Detailed guidance published on the Self-Employed Income Support Scheme
- Coronavirus support for people working through their own limited company
- Coronavirus Self Employed Income Support Scheme (SEISS)
- HMRC: Self Assessment payment on account deferral scheme open to ALL taxpayers
- Coronavirus Self Employed Income Support Scheme (SEISS)
Job Retention Scheme & Furloughing
- New legislation introduced to protect redundancy pay of furloughed workers
- Upcoming key dates for the Coronavirus Job Retention Scheme
- Government confirms Job Retention Bonus of £1,000
- COVID-19: The key dates for your tax diary
- Key dates for Coronavirus support schemes
- Guidance published on repaying Coronavirus Job Retention Scheme overpayments
- Employers given 30 days to confess to furlough fraud
- Employees returning from parental leave continue to be eligible for furlough scheme
- Whistleblowers make almost 2,000 allegations of furlough fraud
- HM Revenue & Customs publishes detailed guidance on calculating furlough claims from July onwards
- Only one day left to furlough new employees – act now!
- Coronavirus Statutory Sick Pay Rebate Scheme now open for claims
- Chancellor unveils changes to furlough scheme
- One in 10 firms unable to reopen safely under current guidance, study reveals
- Coronavirus Job Retention Scheme – the next steps
- Coronavirus Job Retention Scheme (CJRS) extended until October
- Administering the Coronavirus Job Retention Scheme
- Coronavirus Job Retention Scheme extended to end of June
- HMRC launches Coronavirus Job Retention Scheme portal
- Webinar: Coronavirus (COVID-19) Job Retention Scheme
- COVID-19 – HMRC relax inheritance tax process
- Coronavirus Job Retention Scheme (CJRS) cut-off date extended to 19 March 2020
- CGT reporting of property sales to be given more time
- Easter Weekend updates to the Coronavirus Job Retention Scheme
- Personal loans, credit cards and overdrafts
- Personal Finances
Home working and expenses
- One in 10 firms unable to reopen safely under current guidance, study reveals
- Tax treatment of expenses and benefits during COVID-19
- Temporary tax freeze on home office expenditure announced
- What expenses are taxable when working from home?
- Working from home
Economy
- Chancellor considers online sales tax for e-commerce retail sector
- COVID-19 – Almost one in three businesses ‘expect redundancies’ according to the latest research
- Self-assessment taxpayers can “automatically defer payments on account”, HMRC confirms
- COVID-19: The key dates for your tax diary
- COVID-19: UK businesses owed more than £133 billion since lockdown began
- Trade Credit Insurance backed by £10 billion guarantee
- Trade Credit Reinsurance scheme to support 630,000 UK businesses
- One in 10 firms unable to reopen safely under current guidance, study reveals
- Can my tourism business reopen in June?
- New Corporate Insolvency and Governance Bill to extend accounting deadlines
- Money laundering supervision payment deferrals and deregistration announced by HM Revenue & Customs
- Coronavirus Statutory Sick Pay Rebate Scheme set to open for claims
- One-third of SMEs ‘may never re-open’ after Covid-19, study reveals
- Visit Britain sets out plans to reboot UK tourism
- OBR warns that the UK economy may contract by more than a third before bouncing back by end of 2020
Retail, leisure and hospitality
- Visit Britain sets out plans to reboot UK tourism
- Retail, hospitality and leisure firms set for £10 billion business rates savings
- Government updates guidance on small business and retail sector grant schemes
Lamont Pridmore Updates
- Key dates for Coronavirus support schemes
- Download our updated Coronavirus Support grids
- Lamont Pridmore services during the next phase of the Covid-19 pandemic
- Visit Britain sets out plans to reboot UK tourism
- “Covid Secure” practical workplace guidance for employers
- Preparations Checklist
- COVID-19 Summary of the practical business help announced by the Chancellor 20th March 2020