Articles in "COVID-19"

Since 1 April, companies have been able to take advantage of the temporary increase to capital allowances for corporate expenditure which was announced in the Spring Budget to encourage businesses to invest, thus boosting the economy. Given that the hospitality and leisure industry has been hard hit by the Covid-19 crisis, relief of £130 for every £100 spent sounded as good as the ‘super-deduction’ title implies, but businesses still need to think about the implications before either assuming their expenditure will qualify or committing to new expensive purchases.

Monday 17^th May is a red-letter day for the entire hospitality sector; it is the day when, finally, restaurants, pubs and cafes can throw open their doors and welcome customers back inside. Whilst those businesses with usable outside space have been partially open for a few weeks now, for most 17^th May marks the return to business after many bleak months of closure.

The Confederation of British Industry (CBI) has urged the government to extend the Kickstart Scheme to help young people who are bearing the brunt of the subdued job market.

A new helpsheet has been published by CCEW, the Fraud Advisory Panel and others that aims to highlight some of the key areas where charities may be vulnerable to fraud as a consequence of the COVID-19 pandemic.

The Chancellor delivered his Budget speech on 3 March, with an attempt to balance the need to continue providing support to those affected by the COVID-19 pandemic, whilst raising taxes to meet the substantial costs that have been incurred in doing so.

HM Revenue & Customs (HMRC) have opened their online service, allowing eligible self-employed traders to apply for a fourth grant under the Self-Employment Income Support Scheme (SEISS).

The government is to extend business rates relief with a £1.5 billion fund targeted at those businesses unable to benefit from the current COVID-19 support