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The Chancellor’s Summer Statement looked to protect jobs by introducing a bonus for companies who bring back furloughed workers, as well as reducing VAT in the hospitality sector and increasing the Stamp Duty Land Tax (SDLT) threshold.
A 12-month delay has been announced by the Government for the UK-wide rollout of the new VAT domestic reverse charge within the construction industry. The reverse charge had been set to come into force on October 1st, 2020.
Chancellor Rishi Sunark announced plans last Friday (May 29) to begin gradually scaling back government support for those hit by the COVID-19 crisis.
The Chancellor’s Summer Statement looked to protect jobs by introducing a bonus for companies who bring back furloughed workers, as well as reducing VAT in the hospitality sector and increasing the Stamp Duty Land Tax (SDLT) threshold.
A 12-month delay has been announced by the Government for the UK-wide rollout of the new VAT domestic reverse charge within the construction industry. The reverse charge had been set to come into force on October 1st, 2020.
Chancellor Rishi Sunark announced plans last Friday (May 29) to begin gradually scaling back government support for those hit by the COVID-19 crisis.
In a statement yesterday, Chancellor Rishi Sunak said that the Coronavirus Job Retention Scheme for furloughed employees would be extended by an additional four months up until the end of October.
Today the government announced new measures to help small businesses get through the Coronavirus crisis – They’re known as ‘Bounce Back Loans’.
With the Domestic Reverse Charge for VAT due to be introduced in October 2020, combined with the challenges the construction sector has faced with COVID-19 this year, there could be a perfect storm brewing, which could be devastating for UK firms.
On 7th April, a report released by the Department for Business, Energy & Industrial Strategy gave extra guidance for those working in various key sectors. We've broken down what it means for tradespeople, construction workers and logistics professionals.
Chancellor of the Exchequer Rishi Sunak announced a range of measures to help businesses see out the COVID-19 pandemic. We’ve outlined some of the key measures for you.
It can be difficult to believe that some people out there would use the coronavirus outbreak as an opportunity to commit fraud. Sadly, it happens. Fraudsters all over the world have been using the situation for financial gain, so we wanted to let you know what you should keep an eye out for.