Article

Covid-19

• Start of new tax year ushers in raft of fiscal changes
• Payment deadline looming for self assessment taxpayers
• Business rates relief extended with £1.5 billion fund
• The Coronavirus Job Retention Scheme (JRS)
• Business rates
• Self-Employment Income Support Scheme (SEISS)
• Restart Grants
• Coronavirus loan schemes
• Clarity needed on taxation of COVID test costs, says ICAEW
• Borrowers of Bounce Back loans given six more months for repayments
• HMRC waives self assessment penalties for a month
• Chancellor unveils £4.6 billion lockdown grant package
• Chancellor extends furlough scheme until end of April 2021
• Chancellor extends furlough scheme to end of March
• Furlough scheme extended and changed for new lockdown
• Chancellor increases financial support for businesses affected by COVID restrictions
• Job Support Scheme expanded for local lockdowns
• Lockdown grants welcome but more support needed, say business groups
• Second round of grants for the self-employed opens
• ICAEW warns taxpayers have 90 days to notify HMRC of overclaimed COVID-19 grants
• Ensure interaction between VAT and Eat Out to Help Out is understood, ICAEW urges
• FSB calls for further help for employers as furlough wind-down begins
• More firms to benefit from CBILS following changes to loan rules
• Mixed picture for retail sector, CBI finds
• Public warned to watch out for top coronavirus scams
• NIESR calls for furlough scheme to be kept open
• Committee suggests many have 'fallen through gaps in support schemes'
• Fifth of small firms expect poor performance in next three months, data suggests
• UK economy 'still stuck in first gear'
• FRC urges companies to provide high-quality disclosures on impact of coronavirus
• Claims deadline approaching for first phase of furlough scheme
• Lockdown has 'negatively impacted young people's labour market outcomes'
• Business groups cautious on easing of lockdown restrictions
• Coronavirus borrowing now over £46 billion
• Homeworking creates new opportunities for cyber criminals, research finds
• Welsh government to reduce LTT rate
• Scottish government to reduce LBTT rate
• Recovery advice scheme launched for small businesses
• HMRC scraps benefit-in-kind charge on coronavirus tests
• Business groups react to Summer Economic Update
• Chancellor announces Job Retention Bonus in Summer Economic Update
• Chancellor to deliver Summer Economic Update
• VAT cut on PPE extended
• Private sector off-payroll reforms given go ahead for April 2021
• LITRG urges self-employed to check eligibility for SEISS
• FSB finds late payment crisis has worsened during coronavirus lockdown
• Furlough scheme now covering 9.3 million workers
• Business warned about rise in impersonation fraud
• Job retention scheme closing to new entrants
• Overseas VAT claims subject to COVID delays
• IoD urges government to support jobs and investment after coronavirus lockdown
• Government-backed coronavirus lending now over £40 billion
• Government urged to consider emergency VAT reduction
• UK public calls for greater transparency on tax avoidance and evasion
• Businesses urged to reinstate VAT direct debits
• HMRC updates CJRS guidance for employers
• HMRC updates guidance for self-employed coronavirus scheme
• MPs call for VAT reduction to help firms affected by coronavirus
• LITRG warns self-employed that SEISS is taxable
• Government extends furlough scheme for parents on statutory leave
• £35 billion loaned to businesses through coronavirus schemes
• Business debt 'will slow economic recovery' from coronavirus pandemic, IoD warns
• Deadline looming for new entrants to Coronavirus Job Retention Scheme
• HMRC delays VAT reverse charge on construction services
• One in five highly skilled freelancers face business closure to COVID-19
• Strong economic recovery likely, but not certain
• Over £31 billion borrowed through coronavirus schemes
• Manufacturers call for coronavirus support
• Chancellor announces changes to Job Retention Scheme
• IPSE gives cautious welcome to extension of self-employed scheme
• Research shows 5.2 million people have fallen victim to scams during coronavirus crisis
• Coronavirus Statutory Sick Pay Rebate Scheme goes live
• Government publishes revised Coronavirus Job Retention Scheme legislation
• Survey suggests one in ten firms cannot implement coronavirus guidance safely
• IPSE urges government to extend self-employed support scheme
• Future Fund launches to give start-ups coronavirus support
• Government set to launch Coronavirus Statutory Sick Pay Rebate Scheme
• Loan size increased to £200 million under large business interruption scheme
• BCC survey suggests firms ready for gradual reopening of UK economy
• One million apply to self-employed grant scheme in 48 hours
• Close to £15 billion lent through government's coronavirus schemes
• Chancellor extends Job Retention Scheme until October
• Self-employed grant scheme to open to applications
• HMRC extends tax appeal deadline due to pandemic
• Business groups need more guidance and financial support for return to work
• UK Finance warns firms over Bounce Back loan repayments
• Chancellor outlines Winter Economy Plan
• HMRC publishes guidance on claiming Job Retention Bonus
• HMRC begins contacting individuals eligible for coronavirus income support scheme
• Over 110,000 businesses apply for Bounce Back loans on day one
• Government changes ISA rules to help individuals affected by coronavirus
• Business leaders eager for lockdown to ease, says IoD
• Lenders relax evidence requirements for business interruption loan scheme applications
• CIPD urges government to make Coronavirus Job Retention Scheme more flexible
• Government launches small business micro loan scheme
• FSB urges government to increase 80% guarantee on coronavirus business loans
• Government launches support finder tool for businesses
• SMEs access £2.8 billion through business interruption loan scheme
• BCC finds significant number of UK businesses have furloughed employees
• Coronavirus pandemic 'has already cost SMEs £277,000 each', research suggests
• Government unveils support package for innovative businesses affected by coronavirus
• Coronavirus Job Retention Scheme goes live as it is extended to end of June
• Pensions regulator issues auto-enrolment guidance for pandemic
• Government widens eligibility for job retention scheme
• HMRC releases guidance on coronavirus Self-employment Income Support Scheme
• Coronavirus Job Retention Scheme set to launch on 20 April
• Chancellor announces financial aid package for charities
• Firms struggling to access emergency coronavirus loans
• UK economic output reduces to 31% as result of coronavirus lockdown
• Chancellor announces changes to Business Interruption Loan Scheme
• Majority of UK firms have less than three months' cash reserves
• Government publishes details on coronavirus grant schemes for small businesses
• Directors on PAYE can furlough under job retention scheme
• Government relaxes insolvency rules during coronavirus pandemic
• Bank of England announces £100 billion stimulus package for UK economy
• HMRC publishes guidance on recognising genuine government contact
• HMRC urges businesses using VAT deferral to cancel direct debits
• Chancellor unveils help for self-employed workers
• Government and financial regulators tell banks to keep lending
• UK facing 'worst recession in modern history'
• COVID-19 Business Measures - job retention and tax deferrals
• Coronavirus Business Interruption Loan Scheme goes live
• Information for businesses and employers