Extended Loss Carry Back For Businesses
A temporary extension to the loss carry back rules for trading losses for both companies and unincorporated businesses was announced. For accounting periods ending between
4th March 2021
A temporary extension to the loss carry back rules for trading losses for both companies and unincorporated businesses was announced. For accounting periods ending between
To encourage and support people getting onto the property ladder. The government will guarantee lenders who offer mortgages to people with a deposit of 5%
The current SDLT holiday on residential property with a value up to £500,000 was set to end on 31 March, but has been extended to
The Bounce Back Loans and CBILS program are coming to an end. A new Recovery Loan Scheme will take their place from April. Businesses of
From April 2021, a new grant will be available to help businesses to reopen. Non-essential retail will get £6,000 per premises. Hospitality and leisure including
The Universal Credit uplift of £20 per week will continue for a further six months. Working Tax Credit claimants also will be provided with equivalent
Eligible retail, hospitality and leisure properties will pay no business rates for three months from 1 April to 30 June 2021. From 1 July 2021,
The reduced 5% rate of VAT for goods and services supplied by the tourism and hospitality sector has been extended to 30 September 2021. To
The fourth taxable grant will cover 80% of average trading profits, capped at £7,500. The fourth grant will take into account 2019 and 2020 tax
The furlough scheme will continue in its current form until 30 June 2021, furloughed workers will continue to receive up to 80% of their wages
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