by MAS | May 1, 2022 | CIS, Coronavirus, Covid grants, Covid-19, Financial news, HMRC, PAYE, Self employed
HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants. From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were...
by MAS | Jan 18, 2022 | Business advice, Coronavirus, Covid grants, Financial news
Please note that Rochdale council now has 2 grant schemes open to support businesses who have been adversely impacted by the rise in the Omicron variant. There are strict eligibility criteria and details of the schemes are on the Council’s website. There is one for...
by MAS | Jan 10, 2022 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news, HMRC, PAYE
On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm. Mr Sunak said the government would also help certain firms with the cost of sick pay for...
by MAS | Dec 21, 2021 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news, HMRC
Chancellor Rishi Sunak has announced a further £1bn support package for businesses impacted by the new Omicron variant. As part of the support, businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £6,000 per...
by MAS | Dec 9, 2021 | Business advice, Coronavirus, Covid furlough schemes, Covid grants, Covid-19, Financial news, HMRC
The latest version of the CT600 Corporation Tax Return requires companies to report CJRS furlough payments received and the amounts that the company was entitled to during the period. HMRC have updated their guidance on repaying any Coronavirus Job Retention Scheme...
by MAS | Sep 14, 2021 | Business advice, Coronavirus, Covid grants, Covid-19, Financial news, HMRC
The government have confirmed that temporary measures brought in to support businesses from insolvency during the pandemic will be phased out from 1 October 2021. It seems that the temporary restrictions on statutory demands and winding-up petitions will not be...