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HMRC: Penalty payments for non-compliance increase by 62 per cent

December, 2020, Blog, Business, CBILS Loans, Covid-19, Covid-19 - Businesses, Covid-19 Job Retention Scheme & Furloughing, COVID-19 Updates, Covid-19 – Penalties, covid-19-update, Family Businesses, HMRC, SME, SMEs, SMEs / Business

HM Revenue & Customs (HMRC) penalties for non-compliance by taxpayers have risen by 62 per cent, according to the latest research.

CJRS: Deadline for November claims fast approaching

December, 2020, Blog, Business, Chris Cook - PAYE, Covid-19, Covid-19 - Businesses, Covid-19 Employment, Covid-19 Job Retention Scheme & Furloughing, COVID-19 Updates, covid-19-update, Employees, Employment, Family Businesses, HMRC, Job Retention, Job Retention Scheme & Furloughing, Payroll, SME, SMEs, SMEs / Business

Claims under the Coronavirus Job Retention Scheme (CJRS) for November must be submitted no later than 14 December 2020, it has been cautioned.

Coronavirus: Pubs in tier two and three areas set to receive new £1,000 grant funding

December, 2020, Blog, Business, Covid-19, Covid-19 - Businesses, Covid-19 - Grants, Covid-19 - Tourism and Hospitality, Covid-19 Loans, COVID-19 Updates, covid-19-update, Family Businesses, Finance, Grants and Deferrals, Loans, SME, SMEs, SMEs / Business

Pubs that principally serve alcohol in tier two and three areas are set to receive additional financial support over the Christmas period following an announcement by the Government.

Self-employed profits must be “significantly reduced” to claim third SEISS grant, says HMRC

November, 2020, Blog, Covid-19, Covid-19 - Grants, Covid-19 Self Employed, COVID-19 Updates, covid-19-update, HMRC, Self employed & self assessment, self-employed

Self-employed workers’ profits must be “significantly reduced” in order to claim the third instalment of the Self-Employment Income Support Scheme (SEISS), it has been revealed.

HMRC to investigate Eat Out to Help Out scheme claimants

November, 2020, Blog, Business, Covid-19, Covid-19 - Businesses, Covid-19 - Tourism and Hospitality, COVID-19 Updates, covid-19-update, Family Businesses, HMRC, SME, SMEs, SMEs / Business

Registered users of the Eat Out to Help Out scheme (EOTHO) should check their claims to ensure that money has not been paid out incorrectly, HM Revenue & Customs (HMRC)… Read more…

Heritage organisations set to receive £103 million under Culture Recovery Fund

October, 2020, Blog, Business, Covid-19, Covid-19 - Grants, Covid-19 - Tourism and Hospitality, Covid-19 Loans, COVID-19 Updates, covid-19-update, Economy, Government Funding, Grants and Deferrals, Loans, SMEs / Business, Tourism

Some 445 heritage organisations affected by Covid-19 are set to receive more than £103 million in affordable loans and grant funding, it has been revealed.

COVID-19: National Audit Office warns up to 60 per cent of Bounce Back Loans may not be paid back

October, 2020, Blog, Business, CBILS Loans, Covid-19, Covid-19 - Businesses, Covid-19 Economy, Covid-19 Loans, COVID-19 Updates, covid-19-update, Economy, Family Businesses, Finance, Government Funding, Grants and Deferrals, SME, SMEs, SMEs / Business

The Government’s spending watchdog, the National Audit Office (NAO), has warned that up to 60 per cent of businesses may not pay back the 100 per cent Government-backed Bounce Back… Read more…

Government set to announce extension of Coronavirus Business Interruption Loan Scheme

September, 2020, Blog, Business, CBILS Loans, Covid-19, Covid-19 Economy, Covid-19 Loans, covid-19-update, Economy, Family Businesses, Government Funding, Grants and Deferrals, SME, SMEs, SMEs / Business

The Chancellor, Rishi Sunak, is expected to announce the extension of the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) until the end of November.