Foxley Kingham News
If you are eligible for a fifth grant you will soon hear from HMRC inviting you to claim. The process is the same as with previous SEISS grants the only additional section is where HMRC asks you to input your turnover figures. Information to have ready Your bank...
A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021. The grant is taxable and will be paid out in a single instalment. If your turnover has been reduced in the year April 2020 to April 2021 by 30% or more, the grant would be...
The online service to claim the fourth grant covering 1 February 2021 to 30 April 2021, will be available from late April 2021. If you’re eligible based on your tax returns, HMRC will contact you in mid-April to give you a date that you can make your claim from. It...
The Coronavirus pandemic led Rishi Sunak’s second budget as the UK economy shrank by 10% in 2020 and Government borrowing reached record peacetime levels. It was widely acknowledged that taxes would need to rise to pay for the ongoing support, but with the pandemic...
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).
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.
If you deferred paying VAT due in the period from 20 March to 30 June 2020, and can’t afford to pay by the end of March, the deferral payment scheme might be for you. Find out more here.
There is a lot of anticipation that measures being introduced in the next budget in March will add to the struggle of many companies during the continued COVID-19 pandemic.
If you are self-employed or a member of a partnership and have been impacted by coronavirus (COVID-19) you may be eligible to claim the grant.
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