Worth checking your insurance policy if you are a small business. The Supreme Court today decided that small businesses should be entitled to insurance pay-outs for losses incurred during the first lockdown. This case came to end following a court battle involving many small business claims made through business interruption insurance policies, for loss of […]
This year’s 2019/20 self-assessment tax return deadline is still 31 January. HMRC wrote to tax and accounting bodies, advising that the filing date will not be extended during the circumstances of the Covid-19 pandemic. HMRC will issue late filing penalties, when a tax return is not filed on time, but confirmed that if the reason […]
The 31 January Self-Assessment deadline is less than 3 weeks away and already, 25,000 Self-Assessment customers have set up an online payment plan to manage tax liabilities in up to 12 monthly instalments, HMRC revealed yesterday. In October, HMRC increased the threshold for self-serve ‘Time to Pay’ arrangements from £10,000 to £30,000 for Self-Assessment customers. Once they […]
Economic Resilience Fund (ERF) £180m Sector Specific Fund for Hospitality, Tourism and Leisure sector is now open to applicants – from midday 13 January. The new ERF Sector Specific Support package, targeted at Hospitality, Tourism and Leisure (HTL) businesses and associated supply chain businesses during the economic restrictions of Covid-19, opened its doors to applicants today. Applications can […]
ERF Sector Specific Grant The ERF Sector Specific Support (operating cost) package is targeted at Hospitality, Tourism and Leisure (HTL) businesses and associated supply chain businesses that will be materially impacted by a greater than 60% impact of turnover as a result of the restrictions introduced on 4 December 2020 until the 22 January 2021. […]
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