We are here to support you during the ongoing coronavirus pandemic.
Please read the articles below for our latest updates.


VAT deferral refund available

15 Jun 2020

Taxpayers that wished to defer VAT payments, but did not cancel their Direct Debits in time can claim a refund, according to HM Revenue & Customs (HMRC). The tax authority has confirmed that taxpayers that intended to defer VAT payments

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Trade Credit Insurance backed by £10 billion guarantee

15 Jun 2020

The Government will provide up to £10 billion of guarantees to Trade Credit Insurance schemes for business-to-business transactions. The spending commitment, known as the Trade Credit Reinsurance scheme, has been agreed following extensive discussions with the insurance sector. The new

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Guidance on exceptional circumstances for higher rate SDLT refunds updated

15 Jun 2020

HM Revenue & Customs (HMRC) guidance that sets out the exceptional circumstances allowing homeowners to claim higher rate Stamp Duty Land Tax (SDLT) refunds beyond the usual timeframes has been updated. The updated guidance means that homeowners in England and

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Whistleblowers make almost 2,000 allegations of furlough fraud

15 Jun 2020

Figures show that almost 2,000 allegations of furlough fraud have been made by whistleblowers against employers, with HM Revenue & Customs (HMRC) expected to impose steep penalties on businesses and directors found to have abused the scheme. Such claims come

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Employees returning from parental leave continue to be eligible for furlough scheme

15 Jun 2020

Employees returning from statutory maternity and paternity leave in the next few months will remain eligible for furlough through the Coronavirus Job Retention Scheme (CJRS). Since 10 June, it has no longer been possible to furlough an employee for the

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Businesses access £35 billion through COVID-19 support schemes

10 Jun 2020

The Government has now delivered almost £35 billion in corporate finance to businesses affected by COVID-19, it has been revealed.

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VAT reverse charge for the construction industry postponed until March 2021

8 Jun 2020

The Government has officially announced that the introduction of the domestic VAT reverse charge for the construction industry has been delayed until 1 March 2021 because of the impact of the coronavirus pandemic.

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Trade Credit Reinsurance scheme to support 630,000 UK businesses

5 Jun 2020

More than 630,000 UK businesses have been given the confidence to trade during Covid-19 after the Government announced guarantees of up to £10 billion to Trade Credit Insurance schemes.

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HMRC updates tax guidance for waiving income and bonuses and charitable giving

2 Jun 2020

HM Revenue & Customs (HMRC) has updated its guidance for people choosing to waive their income to support their business or a charity during the COVID-19 pandemic.

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Self-Employment Income Support Scheme (SEISS) extended

1 Jun 2020

The Chancellor has confirmed the extension of the Self-Employment Income Support Scheme (SEISS), with the announcement of a second and final grant to support the income of self-employed individuals during the Coronavirus outbreak. The first and current round of grants

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