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COVID-19: Deferral of VAT update: The government has just announced that businesses now have until 31 March 2021 to pay any VAT deferred as a result of this announcement. In addition, businesses can opt in to the deferral simply by not making VAT payments due in this period. The announcement also advised that businesses who […]
Today, the COVID-19 Job Retention Scheme Update was announced by the government to provide further clarity on how the scheme will operate. According to the announcement, the scheme will be backdated to 1 March 2020 and provided staff remain employed throughout the crisis the funding will be open to all employers with a PAYE payroll […]