Covid-19 VAT payment deferral scheme offers extensions to March 2022

New repayment options for Bounce Back Loans

The Chancellor announced yesterday that businesses who have taken out government-backed Bounce Back Loans will now have greater flexibility to repay them, allowing them to delay repayments for a further six months. Over 1.4million businesses collectively borrowed...
Covid-19 VAT payment deferral scheme offers extensions to March 2022

New lockdown grants of up to £9,000

The Chancellor has announced additional support to help businesses in the retail, hospitality and leisure sector that have been forced to close. £4.6 billion has been made available to the hardest hit businesses in the form of a new lockdown grant – a one-off...
Covid-19 VAT payment deferral scheme offers extensions to March 2022

Furlough scheme extended to April 2021

The Chancellor has announced a further extension to the furlough scheme, which will now run to 30 April 2021. When the first extension of the scheme was announced, we were told it would be subject to a review in January. The Chancellor has brought that decision...