In order to easily collate all of the relevant information from the government throughout the 3rd Lockdown we will be regularly updating this Business Support Portal. We would also like to remind you that we remain fully operational throughout the Lockdown. Our reception team are on hand to take your call and direct you to the correct member of team.
If you need any help or advice during this time please do get in touch and we will support and guide you through these unprecedented times.
The Coronavirus Job Retention Scheme (CJRS) has currently been extended until 30 April 2021. We are currently helping clients to furlough their staff and ensure that all claims are actioned correctly and successfully.
The cap is currently set at £2,500 and is proportional to the hours not worked. We can help you to claim this support.
Claims must be submitted on or before 29 January 2021. Our team remain available to help you submit this claim.
If you deferred VAT between 20 March and 30 June 2020 and still have payments to make, you can pay the deferred VAT in full on or before 31 March 2021 or opt in to the VAT deferral new payment scheme when it launches in 2021.
We will keep all our clients updated on this new scheme when it is announced.
With the new grants announced by the Chancellor at the beginning of Lockdown 3.0, our team are helping businesses understand how much support they are entitled to.
Please get in touch for further advice and help submitting your claim as and when the support becomes available.
We are helping many clients focus on ensuring their businesses make it through the 3rd Lockdown by taking over their payroll processes.
If you require help with this lengthy but necessary action, please get in touch with a member of our experienced payroll team.
CJRS claim deadline for December
SEISS 3rd grant window closes
Deadline for submitting online 2019-20 Self-Assessment returns
Self-Assessment tax due and deadline for setting up Time to Pay arrangements with HMRC
National Apprenticeship Week
CJRS claim deadline for January
VAT construction reverse charge starts
CJRS claim deadline for February
Last day of the Covid Corporate Finance Facility
Last day for applying for a Coronavirus loan
Last day for reduced 5% VAT rate for tourism and hospitality sector
Last day of 90-day VAT option to tax window
Payment of deferred VAT or use payment scheme to spread the amount owing over 11 equal instalments
Last day for the apprentice recruitment incentive (extended from Jan 31 in the Spending Review)
New R&D Tax Credit cap imposed
End of tax year 2020-2021
Start of tax year 2021-2022 and Off-Payroll working rules for private sector
CJRS claim deadline for March
Last day of the CJRS
Minimum Income Floor reapplied – affecting self-employed claiming Universal Credit
First day of JSS (successor to CJRS)
CJRS claim deadline for April
SEISS claim for fourth grant covering Feb – Apr 2021
Self-Assessment payment on account due
£1m Annual Investment Allowance drops to £200,000
Virtual witnessing of wills ends
Following the announcement from the government on 4 January 2021, we will continue to work at home wherever possible whilst still maintaining our level of service to our clients. January is a busy month with the deadline for personal tax return submission (and tax payments) being 31st January and we will fully support our clients in meeting these deadlines. Our reception remains open and our phone lines open as normal.
Our payroll team also remain fully functional and supportive of clients and continue to make claims under the Coronavirus Job Retention Scheme. If this is an area where we do not already assist you and you would like some support, please get in touch with us.
Over the past month as the United Kingdom’s COVID-19 reaction strategy adjusts to tackle the virus once more, how has the support the government are offering businesses changed? In order to help you understand the current support available we have summarised the key information below.
The anticipated support for self-employed individuals was announced by the Chancellor some weeks ago. A further extension has now been announced with a further update promised to be released on 12th June.
To help you we have highlighted the key information below:
On Monday 17th August self-employed individuals will be able to begin submitting their claim for the second payment from the Self Employed Income Support Scheme (SEISS). A claim can be made regardless of whether the first instalment was applied for.
We now know that from the 1st of July 2020, an element of flexibility will be introduced to the Coronavirus Job Retention Scheme. Last week further details on how this will work were released, including all of the new rules. The key points of the new rules are set out below.
In addition to the Government announced help for small and micro businesses, Exeter City Council have now released their discretionary business grant scheme. This is Government funded monies where local discretion has been allowed.