by Gary Woosey | Aug 21, 2020 | Covid-19
According to the latest statistics published by the Office for National Statistics (ONS), around one in ten businesses claim their risk of insolvency is moderate or severe, with the majority of those seeing their turnover fall by more than half this year. The data...
by Gary Woosey | Aug 21, 2020 | Covid-19
More than 10,000 small and medium-sized enterprise (SME) owners have applied for a £10,000 Business Boost grant, as firms look to rebuild and recover from the coronavirus pandemic. The grant was launched by Simply Business at the beginning of the year to provide a...
by Gary Woosey | Aug 17, 2020 | Covid-19
The second round of the Self-Employment Income Support Scheme (SEISS), which is worth 70 per cent of three months’ average trading profits, capped at £6,570, launches today, Monday 17 August 2020. You can claim for the SEISS if you are a self-employed individual or a...
by Gary Woosey | Aug 11, 2020 | Covid-19
The Federation of Small Businesses (FSB) is warning SMEs that any remaining emergency Coronavirus funding will go back to the Treasury at the end of August if it is not claimed. Earlier in the year, the Chancellor announced £12 billion of funding to help support...
by Gary Woosey | Aug 4, 2020 | Covid-19, Tax
The financial support offered by the Government through the VAT payment deferral scheme has officially come to an end. This period, which was intended to support businesses struggling with the impact of COVID-19, ended on 30 June 2020. You must now pay any VAT due...
by Gary Woosey | Aug 4, 2020 | Covid-19, Tax
The Chancellor, Rishi Sunak, is considering the introduction of a new sales tax for the online retail sector in a bid to help the struggling high street compete with the e-commerce sector. The Treasury published a call for evidence last week, seeking industry views on...
