
Government urged by CBI to act on COVID business support ahead of Budget
The Confederation of British Industry (CBI) has urged the government to provide more financial assistance to businesses affected by the coronavirus (COVID-19) pandemic ahead of the Budget on 3 March 2021.

Supreme Court backs small firms on business interruption claims
The UK's Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.

Leading accountant calls for extension of self-employment COVID support to those who started trading after march 2019
A leading Norfolk accountant is lobbying the Treasury to extend the financial help for self-employed people to those who started trading after March 2019 – saying that these are the very businesses which will help lead the eastern region towards recovery once the pandemic is over.

VAT deferral payments
At the height of the first Coronavirus lockdown HMRC announced that you would be able to defer your VAT liabilities due between the period of 20 March to 30 June 2020 until 31 March 2021.

New lockdown grants announced
With the latest restrictions being put into place, Chancellor Rishi Sunak has announced £4.6bn to support businesses on a per-property basis which will benefit over 600,000 business properties.

Some form of Wealth Tax inevitable given economic black hole and manifesto commitment on income tax
With a huge hole in the public finances caused by the Covid pandemic, and a manifesto promise not to raise income taxes, some form of wealth tax looks increasingly inevitable, says Shaun Davison.

Furlough Extension
The government have confirmed that the Coronavirus Job Retention Scheme, otherwise known as the furlough scheme, has been extended until the end of April 2021.

Self Employment Income Support Scheme (SEISS) extension
When announcing the ‘Winter Economy Plan’ in September 2020, the government confirmed that the Self Employment Income Support Scheme (SEISS) will continue until April 2021.