COVID-19 (Coronavirus)

Company insolvencies on an upward trend

15th Jun 2022

Although showing a slight improvement from March, the number of company insolvencies in April of this year was more than double the number from April 2021. This shows just how important it is to get advice sooner rather than later if your company is experiencing problems. … More Company insolvencies on an upward trend

Don’t forget to include Covid-19 payments on self-assessment returns

21st Jan 2022

With the 2021 self-assessment tax return deadline on 31 January, HMRC has been busy reminding taxpayers to declare any Covid-19 grant payments they might have received. This is the first year they need to be included. Most self-employed taxpayers will have received Self-Employment Income Support Scheme (SEISS) grants during the Covid-19 pandemic, and now must … More Don’t forget to include Covid-19 payments on self-assessment returns

New Covid-19 business support package

18th Jan 2022

A new support package has been announced to assist businesses impacted by the Covid-19 Omicron variant. Applications are open to the end of February, but many have said the measures don’t go far enough given the extensive losses suffered in the hospitality and leisure sectors over the festive period. … More New Covid-19 business support package

Bounce back repayments begin

15th Jul 2021

The bounce back loan scheme (BBLS) has kept many businesses afloat over the past year, but, with the first repayments now starting to become due, many of the 1.5 million businesses that borrowed money could fall into difficulty. Default position The BBLS was launched in May 2020, with no interest charged or repayments required for … More Bounce back repayments begin