Registrations for the Eat Out to Help Out Scheme commenced on 13 July 2020. Restaurants and other establishments serving food for on-premises consumption can now sign up to a new government initiative aimed at protecting jobs in the hospitality industry and...
Choose how and when you can delay making your second payment on account for the 2019 to 2020 tax year. You have the option to defer your second payment on account if you are: • registered in the UK for Self-Assessment; and • finding it difficult to make your second...
The government made an announcement on 8 July 2020 allowing VAT registered businesses to apply a temporary 5% reduced rate of VAT to certain supplies relating to: • hospitality • hotel and holiday accommodation • admissions to certain attractions The temporary reduced...
Employers can now submit furlough claims for periods starting on or after 1 July. If you cannot maintain your workforce because your operations have been affected by coronavirus (COVID-19), you can furlough employees and apply for a grant to cover a portion of their...
There are many ways to reduce or eliminate the inheritance tax payable on your estate without using trusts. But for some, especially if you are very wealthy, they may not be enough. For others, the control that trusts give over who benefits from your wealth, and how,...
More start-ups and innovative firms will be able to apply for investment from the government’s Future Fund from 30 June: • companies which have participated in accelerator programmes now eligible for the popular scheme; • more than 320 early-stage, high-growth firms...
