COVID-19: Chancellor announces ‘Winter Measures’ support package

Rishi Sunak has today announced his ‘Winter Measures’ support package to help businesses, employees and individuals through the ongoing troubles of the global COVID-19 pandemic. The Chancellor announced a package of measures that includes a new Jobs Support Scheme, extending the Self Employment Income Support Scheme and 15% VAT cut for the hospitality and tourism […]

Introduction of amnesty period for incorrectly claimed COVID-19 Government Support

The recent COVID-19 situation has been a very challenging time and Government support, most specifically the introduction of the Coronavirus Job Retention Scheme and the Self-Employed Income Support Scheme payments have been valuable for many affected companies and individuals. HMRC have become aware, however, that a number of businesses have made claims to receive support […]

Coronavirus (COVID-19) Business Interruption Loan Scheme Guidance

Further to our Government Support guide the British Business Bank have now issued their guidance as to eligibility criteria for businesses wishing to access the Coronavirus Business Interruption Loan Scheme (CBILS) as follows: The British Business Bank qualifying criteria for the loan scheme mean businesses must: • Be UK based, with turnover of no more […]