News

The government will replace the national lockdown on Wednesday 2 December with a regionally differentiated approach, where different tiers of restrictions apply in different parts of the country. These tiers will be strengthened compared to the previous tiers in order to prevent a return to growing...

HMRC has issued guidance on paying deferred VAT. If you deferred VAT between 20 March and 30 June 2020 and still have payments to make, you can: pay the deferred VAT in full on or before 31 March 2021 opt into the VAT deferral new payment...

HMRC has issued guidance on the third SEISS grant and specifically how trading conditions affect eligibility. To be able to claim for the third grant, you must either: be currently trading but are impacted by reduced demand due to coronavirus have been trading but are temporarily...

The government’s plan for managing COVID-19 through the end of 2020 and into the start of 2021 was released 23 November. It outlines: A route back to normality Controlling the virus Protecting the NHS and the vulnerable Keeping education and the economy going See here for details....

A joint statement on UK-wide Christmas arrangements from the UK Government and Devolved Administrations has been published outlining UK wide arrangements for Christmas. They have agreed that: Travel restrictions across the four administrations and between tiers will be lifted to provide a window for households to...

In his recent spending review Rishi Sunak said the "economic emergency" caused by Covid-19 has only just begun, as he warned the virus would mean lasting damage to growth and jobs. Official forecasts now predict the biggest economic decline in 300 years. The UK economy is expected...

The Office for National Statistics has announced its latest experimental data on the economy which shows nearly half (48%) of currently trading businesses reported that their turnover had decreased below what is normally expected for this time of year. This is not a surprise given...

The government guidance explains how employers and businesses can support NHS Test and Trace and play their part to slow the spread of the virus, protect the health and the care system....

On 5 November the Chancellor announced increased financial support and made policy announcements summarised below, full details can be found on the economic support factsheet. MORTGAGE AND LOAN PAYMENT HOLIDAYS Mortgage payment holidays will no longer end 31 October. Borrowers who have been impacted by coronavirus and...

The Government has issued Information on the new national restrictions, including what they mean for working from home and business closures and the financial support available. The guidance covers: Stay at home Staying safe outside the home (Social Distancing) Meeting with family and friends Businesses and...