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).
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.
Further information – Job Support Scheme
The UK government are extending this support to ensure the livelihoods and jobs in the UK. In recognition of the challenging times ahead, the Chancellor said he would be increasing support through the existing Job Support and self-employed schemes.