We are here to support you during the ongoing coronavirus pandemic.
Please read the articles below for our latest updates.
Loans, Grant and Deferrals
- Don’t forget to declare coronavirus support grants and payments in company tax returns, says HMRC
- Recovery Loan Scheme sails past £1 billion milestone
- UK Film & TV Production Restart Scheme extended until April 2022
- Lifting coronavirus support measures “too rapidly” could jeopardise economic recovery, warns ICAEW
- Businesses borrowed nearly £80 billion throughout coronavirus pandemic, new figures reveal
- HMRC contacts self-employed individuals who could be eligible for fourth SEISS grant
- Coronavirus Restart Grant
- Covid-19: Could the Recovery Loan Scheme support your business?
- Chancellor announces grants worth up to £9,000 for businesses in the retail, hospitality and leisure sectors
- HMRC updates Statutory Residence Test due to COVID-19
- “Wet-led” pubs in tier two and three regions to receive new grant funding, Government confirms
- Important deadlines approach for the furlough scheme
- Extended Coronavirus Job Retention Scheme FAQ
- Government extends furlough scheme and provides a boost to SEISS
- Coronavirus loan guarantee schemes extended to January 2021 ahead of second national lockdown
- Government launches new grant funding scheme for businesses forced to close during second national lockdown
- Coronavirus: Government launches Film and TV Production Restart Scheme
- Chancellor expands Job Support Scheme and grants to businesses facing new COVID-19 restrictions
- CBILS ends on 30th September 2020
- Government to fund hundreds of thousands of new jobs under landmark Kickstart scheme
- Millions in grant funding delivered to music venues “at risk of collapse”
- How will you rebuild and recover? Funding launched to cover cost of professional advice
- Important Date: Second round of Self-Employment Income Support Scheme (SEISS) opens on Monday
- Bus and tram operators set for multi-million-pound rescue package
- Government launches Covid-19 recovery fund to support film and TV industry
- Buy-to-let investors should take advantage of Stamp Duty Land Tax holiday
- Details of ‘Eat Out to Help Out’ scheme confirmed
- Travel and tourism: apply now for grants of up to £5,000
- Community Interest Companies affected by Covid-19 can access business support, Treasury confirms
- Essential Government grant funding available via the Local Authority Discretionary Grants
- Businesses able to recover Coronavirus-related Statutory Sick Pay payments from next week
- Future Fund launched to support fast-growing tech companies
- Eligibility for grant funding
- I’m a director of a small company – what support is open to me during the Coronavirus outbreak?
- Almost all viable businesses now eligible for Coronavirus Business Interruption Loan Scheme, says Chancellor
- Government launches Business Support Finder tool
- Government announces Future Fund for fast-growing businesses
- Expanded Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched
- Government to support exporters through Covid-19 crisis
- The Coronavirus Large Business Interruption Loan Scheme (CLBILS)
Personal finances
- Pensions “triple lock” scrapped for one year in response to coronavirus pandemic
- Green Homes Grant Scheme to cut cost of efficiency upgrades by two-thirds, says Government
- Government reduces the penalty for Lifetime ISA withdrawals
- Personal loans, credit cards and overdrafts
Self-employed
- New claims needed to continue receiving working from home tax relief
- Important deadlines approach for the furlough scheme
- Extended Coronavirus Job Retention Scheme FAQ
- Don’t forget to make an SEISS claim by 13 July!
- Further clarification issued on eligibility for second round of Self-Employment Income Support Scheme
- Get ready to claim the Self-Employment Income Support Scheme (SEISS)
- Are you eligible for the Self-Employment Income Support Scheme (SEISS)?
- How total income and trading profits will be calculated for the Self-Employed Income Support Scheme
- Government SEISS guidance updated
- Coronavirus support for people working through their own limited company
- Self Assessment payment on account deferral scheme open to ALL taxpayers, HMRC says
- Coronavirus Self Employed Income Support Scheme (SEISS)
Employment
- “Early signs of recovery” as UK job market grows in March
- Government extends furlough scheme and provides a boost to SEISS
- Coronavirus loan guarantee schemes extended to January 2021 ahead of second national lockdown
- National Lockdown – Extension to the Coronavirus Job Retention Scheme and Business Support Update
- More than half of furloughed workers brought back to workplace, new figures reveal
- Government to fund hundreds of thousands of new jobs under landmark Kickstart scheme
- Important Key Dates: Second round of Self-Employment Income Support Scheme (SEISS) now open
- Coronavirus grants to businesses, employers and individuals are taxable
- Employers given 30 days to confess to furlough fraud
- New parents returning from statutory leave can be put on furlough after cut-off date, it has been confirmed
- Quarter of British workforce on furlough, official figures reveal
- What happens if my employees have to self-isolate following contact tracing?
- Coronavirus Statutory Sick Pay Rebate Scheme
- Are you or your team classed as essential workers?
- Payment of dividends during the Coronavirus outbreak
- Statutory Residence Test changed to allow skilled workers from around the world to assist the UK’s Coronavirus response
- Holiday rules relaxed to allow annual leave to be carried over to next two years
Charities
- Government extends furlough scheme and provides a boost to SEISS
- Charities lose £3.6 million to fraud during Covid-19 pandemic, study reveals
- Charities urged to ask for filing extension amid coronavirus outbreak
Cashflow
- Government extends furlough scheme and provides a boost to SEISS
- Government launches new grant funding scheme for businesses forced to close during second national lockdown
- One million firms at risk of insolvency should lockdown continue, study reveals
- Bounce Back Loans scheme receives 130,000 applications on day one
- Managing your business cash flow during the Coronavirus outbreak
Job Retention Scheme & Furloughing
- Is your business ready for the changes to furlough?
- New claims needed to continue receiving working from home tax relief
- Furlough scheme guidance updated
- Coronavirus furlough and loan schemes further extended
- Third round of Self-Employment Income Support Scheme (SEISS) opens on Monday with tighter eligibility criteria
- Extended Coronavirus Job Retention Scheme FAQ
- National Lockdown – Extension to the Coronavirus Job Retention Scheme and Business Support Update
- Government extends further support to businesses affected by COVID-19
- Government issues new guidance on the Job Retention Bonus
- Employers to cover NICs and pension contributions as furlough scheme winds down
- New rules ensure furloughed workers receive full redundancy pay
- Upcoming key dates for the Coronavirus Job Retention Scheme
- Government confirms Job Retention Bonus of £1,000
- Guidance published on repaying Coronavirus Job Retention Scheme overpayments
- Employers will be given 30 days to admit to furlough fraud
- Employees returning from parental leave continue to be eligible for furlough scheme
- HM Revenue & Customs publishes detailed guidance on calculating furlough claims from July onwards
- New parents returning from statutory leave can be put on furlough after cut-off date, it has been confirmed
- Quarter of British workforce on furlough, official figures reveal
- Self-Employment Income Support Scheme (SEISS) extended
- Chancellor unveils changes to furlough scheme
- Coronavirus Job Retention Scheme (CJRS) extended until October
- Certain sectors see access to the Coronavirus Job Retention Scheme restricted
- Administering the Coronavirus Job Retention Scheme
- Coronavirus Job Retention Scheme extended to end of June
- Coronavirus Job Retention Scheme online portal launches
- Coronavirus Job Retention Scheme (CJRS) cut-off date extended to 19 March 2020
- Coronavirus Job Retention Scheme – Portal opens Monday 20 April 2020
- Half of employers to furlough staff this week, study reveals
- Latest amendments to the Coronavirus Job Retention Scheme announced
- The Coronavirus Jobs Retention Scheme and employers’ National Insurance and Pension contributions
- Macalvins Furlough Assistance Service to launch next week
- Accessing the Coronavirus Job Retention Scheme
Insolvency
- Insolvency Service to be given new powers to tackle directors who misused COVID loan schemes
- Suspension of director liability for wrongful trading
Home working
- Businesses can apply annual party exemption to “virtual parties”, HMRC confirms
- What expenses are taxable when working from home?
Employment
- “Early signs of recovery” as UK job market grows in March
- Government extends furlough scheme and provides a boost to SEISS
- Coronavirus loan guarantee schemes extended to January 2021 ahead of second national lockdown
- National Lockdown – Extension to the Coronavirus Job Retention Scheme and Business Support Update
- More than half of furloughed workers brought back to workplace, new figures reveal
- Government to fund hundreds of thousands of new jobs under landmark Kickstart scheme
- Important Key Dates: Second round of Self-Employment Income Support Scheme (SEISS) now open
- Coronavirus grants to businesses, employers and individuals are taxable
- Employers given 30 days to confess to furlough fraud
- New parents returning from statutory leave can be put on furlough after cut-off date, it has been confirmed
- Quarter of British workforce on furlough, official figures reveal
- What happens if my employees have to self-isolate following contact tracing?
- Coronavirus Statutory Sick Pay Rebate Scheme
- Are you or your team classed as essential workers?
- Payment of dividends during the Coronavirus outbreak
- Statutory Residence Test changed to allow skilled workers from around the world to assist the UK’s Coronavirus response
- Holiday rules relaxed to allow annual leave to be carried over to next two years
VAT & MTD
- Time is running out to join the VAT Deferral Scheme
- Government confirms the next steps for the digitisation of taxation
- VAT cut to apply to attractions not eligible for cultural VAT exemption, HMRC confirms
- Guidance on hospitality and tourism VAT cut published
- Remember to reinstate your VAT direct debit in time for your next payment
- VAT deferral refund available
- Government delays VAT Reverse Charge
- Treasury waives VAT and duties on essential medical supplies
- Soft-landing period for MTD for VAT extended to April 2021
IR35
- Government to waive IR35 penalties in first year
- Government extends furlough scheme and provides a boost to SEISS
- IR35: Government announces one year delay due to coronavirus
Macalvins updates
- Insolvency Service to be given new powers to tackle directors who misused COVID loan schemes
- Coronavirus furlough and loan schemes further extended
- Companies House urges businesses to submit electronic accounts to avoid coronavirus delays
- Business insolvency restrictions to be extended to protect more businesses during pandemic
- Exporting businesses to be boosted by new UKEF investment, report reveals
- HMRC updates Statutory Residence Test due to COVID-19
- “Wet-led” pubs in tier two and three regions to receive new grant funding, Government confirms
- Retailers allowed to open longer in run-up to Christmas and January, Government confirms
- COVID-19: Government unveil ‘Test to Release’ strategy to boost tourism and travel industry
- Businesses can apply annual party exemption to “virtual parties”, HMRC confirms
- The New COVID-19 Tier System
- Coronavirus loan guarantee schemes extended to January 2021 ahead of second national lockdown
- Government launches new grant funding scheme for businesses forced to close during second national lockdown
- Government extends further support to businesses affected by COVID-19
- Charities lose £3.6 million to fraud during Covid-19 pandemic, study reveals
- Coronavirus: Government launches Film and TV Production Restart Scheme
- Other News: HM Revenue & Customs issues ‘nudge’ letters to people suspected of having undeclared overseas assets
- HM Revenue & Customs issues ‘nudge’ letters to people suspected of having undeclared overseas assets
- VAT cut to apply to attractions not eligible for cultural VAT exemption, HMRC confirms
- New parents returning from statutory leave can be put on furlough after cut-off date, it has been confirmed
- New code of practice to enable businesses and landlords to negotiate fair payment terms
- Quarter of British workforce on furlough, official figures reveal
- Future Fund launched to support fast-growing tech companies
- “Covid Secure” practical workplace guidance for employers
- Coronavirus – Your questions answered
- Government reduces the penalty for Lifetime ISA withdrawals
- Eligibility for grant funding
- Get ready to claim the Self-Employment Income Support Scheme (SEISS)
- HMRC delays major tax reforms amid Covid-19 disruption
- Businesses bombarded by cyber-attacks as they seek support for COVID-19
- Macalvins Furlough Assistance Service to launch next week
- Government support to help with the economic impact of Coronavirus – Here’s what businesses need to know
- Payroll professionals confirmed as key workers
- COVID-19 Summary of the Chancellor’s announcement on 20th March 2020
- Macalvins – Here to Help
- Coronavirus Update
