How do I pay the deferred VAT?

HMRC have given business owners two repayment options for deferred VAT: pay in full or pay in installments. Find out more about your options here. Businesses will be charged penalties if you fail to either sign up for the new scheme, pay your VAT in full or agree with HMRC a plan to pay by 30 June 2021.

Furlough scheme deadline

HMRC require December furlough scheme claims to be submitted by the 14 January. Businesses which have never previously claimed furlough support are free to claim under the recently extended scheme. Find out more about how to make your claim here.

Furlough scheme extension – November claim

We have all seen the news over recent weeks and the announcement that the Job Retention or Furlough Scheme has been extended through to March 2021. This article gives a summary of the extended scheme and other changes to Government financial support. Claims relating...

Changes to the new Government Job Support Scheme

The Government has announced important changes to the new Job Support Scheme (JSS). In this article we summarise the changes made by the Chancellor to the new JSS scheme, which is due to replace the furlough scheme on 1 November 2020. The package announced is...

The end of furlough and the new Job Support Scheme

Recent months have been seen the Government support small businesses through the Coronavirus Job Retention or Furlough scheme. Chadwick & Company founding Director, Michael Chadwick, summarises the new changes to the Government’s financial support packages.