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Roches Blog

Self-Employment Income Support Scheme – Extension (29 May 2020)

This scheme is being extended. You’ll be able to make a claim for a second and final grant in August 2020. The online service for the second and final grant is not available yet. We will update this guidance to let you know when you can make your claim. If you’re eligible the second and…Read More

Self-Employment Income Support Scheme Update (5 May 2020)

The SEISS is going to open earlier than expected. From this week, people will be able to use a new online eligibility checker. If the checker confirms that they are eligible (and they qualify due to being affected by coronavirus and because they intend to continue trading), they will be given a date when they…Read More

Self-Employment Income Support Scheme Update (4 May 2020)

It has been announced that HMRC will start contacting people who are eligible for this support this week. Those who are eligible will be able to make a claim for a taxable grant worth 80% of their trading profits (for three months) to a maximum of £7,500. The process should, according to HMRC, be quick…Read More

Coronavirus Bounce Back Loan (4 May 2020)

The Bounce Back Loan application process is now open. As of 9 o’clock this morning businesses could start applying for this loan. Further details of the loan can be found on the British Business Bank’s website: Having spent some time looking at this today the application needs to be made online by the business…Read More

Coronavirus Bounce Back Loan

If your small to medium-sized business (SME) is affected by coronavirus, you may be able to borrow between £2,000 and £50,000 through a Bounce Back Loan scheme. The government will guarantee 100% of the loan and for the first 12 months you will not have to pay any fees or interest, or make repayments. The…Read More

Coronavirus Job Retention Scheme (20 April 2020)

The HMRC portal is now open. The link to make the claim is as follows: The HMRC calculator, which can for now only deal with fixed salaries only, for the amount you can claim can be found at the following link: Their latest guidance on making the claim can be found via the…Read More

HMRC issues new guidance on Coronavirus Job Retention Scheme (15 April 2020)

HMRC have issued further details of who is covered by the Coronavirus Job Rentention Scheme and the details that will be needed to make the claim. Full details of what is known to date can be found via the following link:

Coronavirus Job Retention Scheme (12 April 2020)

We want to help you get ready to make a claim under the Coronavirus Job Retention Scheme. If you’re eligible for the scheme, there are things that you can do now to be ready when the system is up and running later this month. You’ll need to provide the following to make a claim: The…Read More

Deferral for income tax self-assessment payments

The deferral for income tax self-assessment applies to the second payment on account for 2019/20 due on 31 July 2020 which is deferred until 31 January 2021. This is an automatic offer and no application is required. Following some initial confusion HMRC has now confirmed that the deferral applies to all tax payers. It is not necessary to…Read More

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