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Covid-19: delay to VAT reverse charge on construction services

  HMRC has announced a five-month delay to the introduction of the domestic reverse charge for construction services, due to the impact of the coronavirus pandemic on the construction sector, and the VAT change will not now apply until 1 March 2021

COVID-19: support for businesses (Deferring VAT and Income Tax payments)

HMRC will support businesses by deferring Valued Added Tax (VAT) payments for 3 months. If you’re self-employed, Income Tax payments due in July 2020 under the Self-Assessment system will be deferred to January 2021. VAT For VAT, the deferral will apply from 20 March 2020 until 30 June 2020. Eligibility All UK businesses are eligible.…Read More

COVID-19: Keep up to date

The situation is moving fast. The pressure to keep on top of new, and rapidly changing information from numerous sources can be a stress in itself on employers and employees. It is important that you keep up to date on the changes. Below are some useful links. NHS Coronavirus COVID-19 : how to protect yourself or…Read More

Tax helpline to support businesses affected by coronavirus (COVID-19)

New HMRC helpline launched to help businesses concerned about paying their tax due to coronavirus (COVID-19).HMRC has a set up a phone helpline to support businesses and self- employed people concerned about not being able to pay their tax due to coronavirus (COVID-19).The helpline allows any business or self-employed individual who is concerned about paying…Read More

Companies House to allow coronavirus-related filing extensions

20 March 2020: businesses affected by the COVID-19 pandemic can now apply to Companies House to request an extension to file their accounts, reports and confirmation statements. The maximum extension is three months, but stringent conditions apply, the most important being that any appeal must be lodged before a company’s filing deadline. Updated government advice states that…Read More

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