Following a change in EU state aid rules, the Government has announced that it will expand the Coronavirus Business Interruption Loan Scheme (CBILS) to certain businesses classed as “undertakings in difficulty” – those with large losses and debts. The UK … Continue reading
Author Archives: Howard Roth
Tax changes outlined in draft Finance Bill 2020 – 2021
The Government has unveiled its draft legislation for the 2020 – 2021 Finance Bill (the Bill). The new proposals cover a number of measures that were previously announced in the 2020 Spring Budget. To help you gain a greater appreciation … Continue reading
Other news: HM Revenue & Customs issues ‘nudge’ letters to people suspected of having undeclared overseas assets
HM Revenue & Customs (HMRC) has written to people suspected of having undeclared overseas assets, asking them to declare any currently undeclared overseas assets and to complete a certificate declaring the correct tax position. The letters have been generated following … Continue reading
IMPORTANT Key Date
Second round of Self-Employment Income Support Scheme (SEISS) opens on Monday 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 on Monday 17 … Continue reading
Key dates for Coronavirus support schemes, tax and Companies House
With numerous Government schemes open to businesses and individuals to help deal with the impact of the Coronavirus outbreak, there are more than 60 key dates to be aware of in the coming months where these schemes will end or … Continue reading
