Basis period reform – what action should I take?
If you’re self-employed, a sole trader, or operate as part of a partnership – you might be aware that as of April 2024, you’ll need to bring your accounting period in line with HMRC’s tax year. This change is known as the Basis Period Reform. In this article, we...Budget 2021: Further support for the self-employed announced
The Chancellor on 3rd March confirmed further support for the self-employed with a fourth and fifth grant paid out by the Coronavirus Self Employed Income Support Scheme (SEISS).
Budget 2021: Key points
Chancellor Rishi Sunak on 3rd March unveiled the contents of his Budget in the House of Commons.
Setting out the government’s tax and spending plans for the year ahead, he announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery.
Government extends Furlough to March and increases self-employed support
The chancellor announced on 5th November a five-month extension of the furlough scheme
Tier 2 Business Support -Grants
The Government are providing additional funding to allow local authorities to support businesses in Tier 2 areas which are not legally closed, but which are severely impacted by the restrictions on socialising.